CTS Corporation

CTS Corporation (CTS) is a designiner and manufacturer of sensors and actuators, electronic components, and a provider of value-added electronics manufacturing services (EMS). The company is engaged in the designing, manufacturing and selling of a wide range of electronic components and sensors along with providing electronics manufacturing solutions (EMS) that serves the electronic needs of original equipment manufacturers (OEMs). CTS serve the markets including the computer, medical, automotive, industrial, defense and aerospace, and the communications markets through its wide range of products, technologies, capabilities and services. It operates in the US, the UK, Canada, Singapore, Taiwan, Thailand and China. The company is headquartered at Elkhart in Indiana, the US.The company reported revenues of (U.S. Dollars) USD 498.98 million during the fiscal year ended December 2009, a decrease of 27.86% from 2008. The operating loss of the company was USD 17.83 million during the fiscal year 2009, as against an operating income of USD 30.83 million during 2008. The net loss of the company was USD 34.05 million during the fiscal year 2009, as against a net profit of USD 28.06 million during 2008.