SCIENCE / TECHNOLOGY
Kyocera International Inc. of San Diego said it has completed its $250-million cash acquisition of the Elco Group from Wickes Cos. Inc.
Elco’s administrative offices are in Laguna Hills, but the electronic connector manufacturer’s main plant is in Huntingdon, Pa. The firm, with about 700 employees and $150 million in annual sales, also has facilities in Japan, West German, South Korea and England.
Kyocera International is the North American arm of Kyocera Corp., a $2.5-billion Japanese electronics and high-technology ceramics maker.
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