Tim Ruff, Molex senior vice president of business development and corporate strategy, commented: “FCT Electronics Group is a great fit for Molex because it builds on our ability to provide customised connector and cable assembly solutions to a broader range of customers. FCT is well known for its technology and service as well as the depth and breadth of its product offerings. Their excellent team of talented, experienced professionals has a long history of success, with deep customer relationships across diverse markets.”
Dan Schreck, FCT Electronics Group president, U.S., expects that the Molex global sales and distribution network will give both companies the opportunity for faster growth. “Molex has a reputation in our industry as a preeminent, blue chip manufacturer of the highest quality interconnect products. Combining Molex resources and FCT’s unique position in several exciting, emerging markets will benefit our customers and our employees,” comments Schreck.