Jan 17, 2025
WICHITA, Kan. (KSNW) -- Wichita microchip manufacturer Integra has been purchased by an electronics component company based in New York. Micross Components makes microelectronic components for aerospace & defense, space, medical, industrial & commercial applications. Micross, a portfolio company of Behrman Capital, announced Friday that it has acquired Integra Technologies, headquartered in Wichita. In 2023, it was announced Integra was planning to build a $2.5 billion facility in Bel Aire. On Feb. 2, 2023, the State Finance Council awarded Integra its premier incentive package — Attracting Powerful Economic Expansion (APEX). The state would put up roughly $304 million in taxpayer-funded incentives over 10 years to help build the new production facility. However, Integra's planned expansion was also contingent on Integra receiving federal CHIPS funding. There is still no word on whether or not Integra will receive any of that funding. Fire at Sherwin-Williams plant in Andover is out "We are excited to welcome Integra Technologies to the Micross family, as their proven expertise in semiconductor assembly and testing will augment our capabilities and accelerate our ability to deliver cutting-edge solutions to our customers," said Vince Buffa, Chairman and CEO of Micross, in a news release. "This acquisition aligns perfectly with our commitment to providing high-quality U.S.-based services and advancing innovation in the semiconductor industry. Together, we look forward to pursuing new business opportunities and expanding our reach in high-growth markets.” "This is an exciting day for Integra, and we are pleased to join the Micross team because of their high-quality reputation and broad technology portfolio," said Brett Robinson, CEO and President of Integra Technologies. "This strategic development will provide additional opportunities for innovation and advancement.” "Micross’ acquisition of Integra Technologies enhances the combined company’s strategic position in the high-reliability microelectronics market," said Managing Partner of Behrman Capital, Simon Lonergan. "Together with Integra, the Micross platform will continue to offer a growing and market-leading portfolio of solutions to customers with constantly evolving needs. With Integra’s expertise and U.S.-based capabilities, Micross can deliver even greater value through faster turnaround times, continued high quality, and more reliable solutions. We look forward to continuing to work with management to identify additional opportunities to drive growth at Micross.” KSN News reached out to Micross with the following questions: What does it mean for employees? Will any people lose their jobs? Will more jobs be added at Integra? Will Integra stay here? What does this mean for Integra's CHIPS Act funding request? Will Integra change its name? Is there anything else you can tell us about the impact on the Wichita area? We received this response: Thank you for your interest, we're not providing additional information beyond the press release at this time. Christopher Stabile, Senior Director of Marketing Communications, Inside Sales & Sales Operations For more Kansas news, click here. Keep up with the latest breaking news by downloading our mobile app and signing up for our news email alerts. Sign up for our Storm Track 3 Weather app by clicking here.
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