Quantum Design – Acquisition of CTC International
USA • Quantum Design Inc. of Loves Park, IL announced today the acquisition of CTC International Inc. of West Caldwell, NJ. CTC will join KTI, a converting equipment manufacturer, in the Quantum Design family of products.
Quantum Design is in the process of re-locating CTC’s assets and data to their South Beloit location, home to KTI’s manufacturing facility. They hope to complete this process by the end of next week. CTC offers a line of turret rewinders, automatic splicers, waste matrix winders and unwind/rewind stands to industries such as packaging, tag & label, printing, film, and more.
In 2014 Quantum already acquired KTI, a manufacturer of converting equipment. Originally started in 1986 as a controls engineering firm, Quantum Design has grown over the years to accommodate many manufacturing industries, diversified their automation services and has purchased several additional product lines; Centro-Metalcut, Quantum Roll Sheeters and KTI.