MES provider Camstar Systems, Inc. has acquired Technology Resources Group, a Singapore-based systems integrator specializing in the semiconductor, solar, and electronics manufacturing industries.
The acquisition is expected to strengthen Camstar’s position in Technology Resources Group markets and to open the Asia Pacific region to Camstar’s manufacturing and quality services team.
“Technology Resources Group is a longstanding and trusted partner, and their unwavering commitment to customer service and success mirrors our own,” said Scott Toney, Camstar president and CEO, in a statement. “This acquisition is a key part of Camstar’s strategy for dominating the manufacturing execution and quality management markets in Asia, which continues to grow as the production destination for global manufacturers. Also, we will be well-positioned to serve the medical device and biotech industries as they expand manufacturing operations into Asia, ensuring product quality which is so critical to the life science sector.”
Kong Eng Teck, founder and CEO of the Technology Resources Group, will remain with the company in the role of managing director of Camstar Asia.