Alta Manufacturing Acquires NRC Manufacturing

“The acquisition of NRC broadens our manufacturing capacity and adds a proven manufacturing team led by Ratha Chea, president and founder of NRC,” said Alta Manufacturing CEO Craig Arcuri.

Prior to founding NRC, Ratha Chea was co-founder of Orion Manufacturing, which grew to $40M before its acquisition by CTS in 2008. Ratha was responsible for all manufacturing operations and led his team to new production heights. Additionally, he created a low-cost, high-capacity production facility that provided expansive benefits to Orion’s customers.

This acquisition is another key step in the growth of Alta Manufacturing. The company has a strategic five-year plan to grow into a significant Tier 2 presence in the contract manufacturing industry, and this acquisition is a vital part of the plan. With Alta’s Fremont factory focusing on NPI, pilot and domestic production, and its China factory focusing on both pilot and production, the company can provide customers with the offerings of a Tier 1 contract manufacturer but with the flexibility and responsiveness of a smaller company.