CTS Corporation (NYSE:CTS) will seek M&A. Kieran O'Sullivan Chief Executive Officer said during the Fourth Quarter and Full Year 2020 Earnings Call, "Building and strengthening our M&A pipeline is a priority. While this is more challenging due to the COVID restrictions, we are actively building relationships with companies in line with our strategy. We seek to expand our range of technologies, products, customers and geographic reach, while we continue to diversify our end market profile and enhance the future quality of earnings. Given our strong balance sheet, we seek to gain momentum with the right strategic fit and the valuation. The Focus 2025 Initiative which we have previously highlighted has an important emphasis on building stronger customer relationships".
CTS Corporation is a global manufacturer of sensors, connectivity components, and actuators. The Company designs, manufactures, and sells a line of sensors, connectivity components, and actuators primarily to original equipment manufacturers (OEMs) and suppliers for the aerospace and defense, industrial, medical, and transportation markets. It operates manufacturing facilities in North America, Asia, and Europe. Its devices are categorized by their ability to Sense, Connect or Move. Sense products provide vital inputs to electronic systems. Connect products allow systems to function in synchronization with other systems. Move products ensure required movements are effectively and accurately executed. Its Sense products include Controls, Pedals, Piezo Sensing Products, Sensors, Switches and Transducers. Its Connect products include EMI/RFI Filters, Capacitors, Frequency Control Products, Resistors and RF filters. Its Move products include Piezo Microactuators and Rotary Actuators.
CTS CORPORATION 
