TT UR Precision Resistors brings together engineering expertise of TT Electronics and UniRoyal’s manufacturing excellence
TT Electronics, a global provider of engineered electronics for performance critical applications, has announced a joint venture with resistor manufacturer UniRoyal to meet the growing worldwide demand for precision resistors.
Strengthening the relationship between the two companies, TT UR Precision Resistors brings together the design engineering strength of TT Electronics with UniRoyal’s expertise in manufacturing quality resistors in high volumes.
The new joint venture, which will focus on thick-film, thin-film and metal-based resistors, will be registered in the UK and owned equally by both partners.
Manufacturing will be based at UniRoyal’s established site in Kunshan, China, as the best-cost location benefiting from proven infrastructure and resistor manufacturing knowhow.
Over a decade-long relationship
TT and UniRoyal have successfully cooperated for more than a decade, producing high-quality resistors for specific target markets such as automotive, industrial automation and white goods.
The new joint venture will initially produce proven, higher-volume resistors currently supplied by UR to TT, and develop new products targeted at strategic opportunities.
The companies are also planning a range of new precision resistors, in thick-film, thin-film, and metal technologies. The first new products, to be distributed by both partner-companies, will be available in 2019.
“With the added value of TT’s advanced technical capabilities and worldwide distribution channels, we expect TT UR Precision Resistors to quickly become a leading supplier to global markets,” said Tim Roberts EVP Sensors and Specialist Components, TT Electronics.
Tao Hao, CEO, UniRoyal added, “Leveraging proven technical capabilities, organisational strengths and distribution infrastructures, we will bring forward a range of superior-performing products, targeting exciting market opportunities.”