Published: October 22, 2010
CTS Expands Thailand EMS Capabilities
ELKHART, Ind. - (BUSINESS WIRE) - CTS Corporation (NYSE: CTS) a leading supplier of electronics
manufacturing services, will significantly expand its existing
manufacturing site in Ayutthaya, Thailand. CTS will nearly double its
capacity by adding 30,000 sq. ft. of space to its facility near Bangkok.
CTS Thailand is currently the Asia center for high-technology printed
circuit board assembly (PCBA), supporting medical and other high
reliability sectors. The investment will enable CTS to expand its value
add services, providing complex box build and high level mechanical
assembly.
The building expansion will be completed by mid-2011, when CTS Thailand
will consolidate its position as a major provider of complex EMS
services in Southeast Asia. It will continue to support customers in the
higher reliability medical, military, communications and industrial
electronics sectors who need lower cost manufacturing support in Asia.
CTS Thailand is also ISO13485 (Medical), AS9100 (Aerospace) and TL9000
(Telecommunications) certified.
About CTS EMS
CTS EMS is a turnkey provider of manufacturing solutions to customers in
a range of electronics equipment markets. With global manufacturing
facilities in North America, Europe and Asia, a broad product offering
and a complete range of turnkey services, CTS is the ideal choice for an
OEM seeking customized product solutions from a focused and agile EMS
partner.
About CTS
CTS is a leading designer and manufacturer of electronic components and
sensors and a provider of electronics manufacturing services (EMS) to
OEMs in the automotive, communications, medical, defense and aerospace,
industrial and computer markets. CTS manufactures products in North
America, Europe and Asia. CTS' stock is traded on the NYSE under the
ticker symbol "CTS." To find out more, visit the CTS Web site at www.ctscorp.com.
Safe Harbor Statement
This press release contains statements that are, or may be deemed to be,
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include,
but are not limited to, any financial or other guidance, statements that
reflect our current expectations concerning future results and events
and any other statements that are not based solely on historical fact.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof and
are based on various assumptions as to future events, the occurrence of
which necessarily are subject to uncertainties. These forward-looking
statements are made subject to certain risks, uncertainties and other
factors, which could cause our actual results, performance or
achievements to differ materially from those presented in the
forward-looking statements, including, without limitation: changes in
the economy generally and in respect to the businesses in which CTS
operates, including those resulting from the current global financial
and credit crisis; pricing pressures and reduction in demand for CTS'
products, especially if economic conditions do not recover or continue
to worsen in CTS' served markets, including but not limited to: the
automotive, computer equipment or communications markets; disruption,
uncertainty or volatility in the credit markets that could adversely
impact the availability of credit already arranged by CTS and the
availability and cost of credit in the future; the financial condition
of our customers, including the ability of customers (especially those
that may be highly leveraged and those with inadequate liquidity) to
maintain their credit availability or ongoing viability; risks
associated with CTS' international operations, including trade and
tariff barriers; currency fluctuations and their effects on our results
of operations and financial position; changes in performance of equity
and debt markets that could affect the valuation of the assets in CTS'
pension plans and the accounting for pension assets, liabilities and
expenses; political and geopolitical risks; rapid technological change
in the automotive, communications and computer industries; reliance on
key customers; CTS' ability to protect its intellectual property; and
potential costs and liabilities related to the recent Toyota recall. For
more detailed information on the risks and uncertainties associated with
CTS' business, see the reports CTS files with the Securities and
Exchange Commission available at http://www.ctscorp.com/investor_relations/investor.htm.
CTS undertakes no obligation to publicly update its forward-looking
statements to reflect new information or events or circumstances that
arise after the date hereof, including market or industry changes.

CTS Corporation
Donna L. Belusar, Senior Vice President and Chief
Financial Officer, or
Mitchell J. Walorski, Director of Investor
Relations
Telephone 574-523-3800 FAX 574-293-6146
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