2004 News Archives

M-tron Industries, Inc. Merges with Piezo Technology, Inc.

October 18, 2004

Yankton, South Dakota, October 18 – M-tron Industries, Inc. has completed the transactions to purchase Piezo Technology, Inc. (PTI) of Orlando, Florida. The two companies plan to integrate their operations under a single business management and operations group. To reflect this and to maintain the excellent brand awareness of each company, the companies will be conducting business under the new name MtronPTI.

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M-tron Industries Inc. agrees to purchase Piezo Technology, Inc.

September 08, 2004

Yankton, South Dakota, September 8 - M-tron Industries, Inc. has reached an agreement in principle to purchase Piezo Technology, Inc. (PTI) of Orlando, Florida. Consummation of the transaction, which is anticipated to occur in late September, is subject to customary closing conditions, including the receiving the approval of the trustees of PTI's employee stock ownership plan.

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