K&F Electronics adds 5 jobs, acquires Atlanta firm

metromode, 11/12/2009

In a shrinking industry, K&F Electronics continues to grow.

The Fraser-based firm has added five new jobs (for a total of 28) since its last acquisition earlier this summer. That allowed the company to up its production from a four-day shift to a five-day shift plus overtime.

K&F Electronics is buying another firm, H and L Electronics of Atlanta. It hopes to double its sales with this latest acquisition and continue to grow. Another acquisition could be in the firm's future before the year is out.

"The weirdest thing is I have people who have 100 people and want me to buy them," says Rick Kincaid, president of K&F Electronics.

The circuit board manufacturer is one of only a few hundred such companies still left in a quickly consolidating industry. Kincaid is only looking to acquire firms right now and bring more work to his native Metro Detroit.

Source: Rick Kincaid, president of K&F Electronics
Writer: Jon Zemke

Investment , Manufacturing