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Standex International Corporation, a message from the CEO, David Dunbar
“We are very pleased to have acquired Renco Electronics, a great strategic fit deepening our significant engineering and technical expertise in end markets supported by strong engineer-to-engineer relationships. In addition, Renco’s end markets and customer base in areas such as consumer and industrial products are highly complementary to our existing business with the potential to further expand key account relationships and cross selling opportunities between the two companies. Renco’s design and manufacturing cycle is extremely efficient, reinforced by a strong global network of proprietary supplier relationships,” commented President and Chief Executive Officer David Dunbar.
Click here to see the Standex Press Release regarding the acquisition of Renco Electronics.
Response to the United States tariffs negotiations
As a result in the increased Tariff amount implemented May 10, 2019, Renco has made the difficult decision to begin charging a Temporary Tariff surcharge on new orders with materials imported from China. Renco has been absorbing the Tariff cost up to this point, and will continue to absorb some of the cost going forward. We are hopeful that this will be temporary, and we look forward to the day that these charges will no longer be necessary.
Renco Adopts Superior, Faster, Quality Control System
Coils Unlimited joins the Renco Electronics Group!
Full Service, One Stop Shopping
Whether the need for 10 parts or 10 million parts – Renco can fill all your magnetic requirements, Factory Direct. Our Engineering and Prototype Departments are fully equipped to design, build, test, and deliver samples promptly. Computer aided design is our specialty.
Small Quantities Receive First Class Treatment
Small orders receive the same attention as large volume orders. With independent production lines staffed by highly skilled operators, Renco can produce anything from the simplest inductor to the most sophisticated transformer.
High Volume, Low Cost Production
Automated low cost, high volume production lines give us the ability to produce over 5,000 parts per line, per day. Our extensive manufacturing capabilities in North America and the Far East, include everything from high speed winding machines to our own programmable work station robots. We control everything down to the final test to insure uniformity and unsurpassed reliability.
Renco Electronics Goes Social!
Be sure to check out Renco Electronics on your favorite social media sites!
