JPM Co. of Lewisburg, Pa., recently acquired controlling interest in Electr¢nica Pantera SA de CV in Guadalajara, Mexico, for an undisclosed sum. The 46-year-old JPM special-izes in custom overmolding cable and connector assemblies for the computer, telecommunications, networking and industrial control industries.
In addition to the 120,000-square-foot Lewisburg facility, the company operates a 47,000-square-foot plant in Winnsboro, S.C.
Founded in 1985, Pantera is a manufacturer of cable assemblies for the computer, telecommunications and networking industries. It operates from a 75,000-square-foot facility. Pantera exports all its products.
Bob Langton, JPM sales and marketing director, said the combined operations have 20 injection molding presses with clamping forces of 30-70 tons. That capacity makes JPM the largest independent manufacturer of interconnection assemblies in North America, he said. PVC is the primary resin used in the overmolding process.
Langton said JPM serves markets in the East and Midwest, while Pantera serves primarily the West Coast and some Midwestern U.S. customers. The acquisition will increase the companies' markets. The companies employ 1,200.