Elkhart-based CTS Corporation (NYSE: CTS) announced first quarter 2015 results. Sales were $98.3 million, down 2.4 percent compared to the first quarter of 2014, driven primarily by an unfavorable currency impact of $2.3 million as the US Dollar appreciated against the Euro and Chinese Renminbi. GAAP earnings were $6.3 million, or $0.19 per diluted share, …read more.

Elkhart-based CTS Corporation (NYSE: CTS) announced today that it intends to consolidate its Canadian operation in Streetsville, Ontario, into other existing CTS facilities. The consolidation process is expected to be completed in the first half 2015. Operations at the Canadian facility will be transferred to CTS’ facilities in Mexico and China. The decision to consolidate the …read more.