L.A. Company Buys American Electronics
- Share via
American Electronics Inc., a Fullerton manufacturer of high-precision motors and other products, has been acquired by Ducommun Inc., the Los Angeles company said Wednesday. Terms weren’t disclosed.
Ducommun said American Electronics had sales of about $7.1 million in 1997. About 60% of the firm’s sales were to space markets. For the year ended Dec. 31, 1997, Ducommun reported earnings of $14.3 million, or $1.81 a share, on sales of $157.3 million.
Ducommun manufactures components and assemblies for the aerospace and wireless telecommunications industries.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
