The story
1985 - Surface Mount founded in Toronto, Ontario
1990 - HTM established in Denver, Colorado
July 1999 - merger of Surface Mount and HTM
1999 - purchased Zenith Electronics' facility in Chihuahua, Mexico, SMTC's only site with unionized employees
September 1999 - acquired W. F. Wood of Boston, Massachusetts
July 2000 - acquired EMS company, Pensar Electronic Solutions of Appleton, Wisconsin
July 21, 2000 - IPO
November 2000 - acquired Qualtron Teoranta of Donegal, Ireland, and subsidiary in Haverhill, Massachusetts
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March 2002 - Closed down its Cork City, Ireland manufacturing plant with the loss of 200 jobs due to its main customer going into administration.
August 2003 - Sold EMS company, Pensar Electronics Solutions of Appleton, Wisconsin back to the original owners. The original owners decided to buy the company back after hearing plans that SMTC was planning on shutting the plant down.
February 2010 - SMTC regained compliance with Nasdaq requirements, after Nasdaq notified the company for failing to maintain a minimum bid price of $1.00 on September 15, 2009.
November 8, 2018 - acquires contract manufacturer MC Assembly
April 2021 - H.I.G. Capital acquired SMTC for US $172 million and its stock was delisted from Nasdaq.
From Wikipedia’s article on SMTC Corporation, shared under CC BY-SA 4.0.7
