CTS Corporation in Elkhart announced on Tuesday that it has completed the sale and leaseback of its Singapore facility for proceeds in excess of the underlying book value. CTS received net cash proceeds of approximately $17.5 million. An estimated $10 million of the total $14.5 million pre-tax gain will be recognized in the fourth quarter …read more.

CTS Corporation today announced that its Automotive Products group has been awarded a new production program to supply a parking position sensor for a global economy car for a major Japanese vehicle manufacturer and existing customer. Total expected revenues from this new sensor award are approximately $9 million over the five-year life of the program. …read more.

Elkhart, Ind. — CTS Corporation (NYSE: CTS) today announced that the company will celebrate its 50th anniversary of trading on the New York Stock Exchange on Monday, June 4. To celebrate this milestone, members of the Company’s management team and guests will visit the NYSE trading floor and ring The Closing Bell. Vinod M. Khilnani, …read more.