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SMTX on NASDAQ

SMTC Corporation

Logo: smtc.com5

Electronics manufacturing services provider based in Markham1

SMTC Corporation (Surface Mount Technology Centre), founded in 1985, is a mid-size end-to-end electronics manufacturing services (EMS) company. SMTC facilities operate in the United States, Canada, Mexico, and China.3 Its shares trade on NASDAQ under the symbol SMTX.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1985Founded1

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  • TickerSMTX on NASDAQ1
  • Industryelectronics1
  • HeadquartersMarkham1
  • Founded inToronto1
  • Websitewww.smtc.com
  • Legal formDelaware corporation1
  • Listed onNasdaq (SMTX), Toronto Stock Exchange1
  • Incorporated inDE6
  • Business address7050 Woodbine Avenue, Suite 300, Markham, A6 L3R4G86
  • Filer categoryAccelerated filer, Smaller reporting company6
  • LEI529900BD2UT6JMJ7XL274
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 29313764

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SMTC Corporation image from its website
Image: smtc.com8

SMTC Corporation (Surface Mount Technology Centre), founded in 1985, is a mid-size end-to-end electronics manufacturing services (EMS) company. SMTC facilities operate in the United States, Canada, Mexico, and China.3

Corporate structure

SMTC Corporation sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • SMTC Corporation Melbourne, Florida, United States
    • SMTC MANUFACTURING CORPORATION OF CANADA Subsidiary · Markham, Ontario, Canada
    • SMTC MEX HOLDINGS, INC. Subsidiary · Markham, Ontario, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

What it owns

What SMTC Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$75.9M9 Jan 3, 2021$72.6M9 Dec 29, 2019+4.5%
Accumulated depreciation$51.6M9 Jan 3, 2021$47.3M9 Dec 29, 2019+9.0%
Property and equipment, net$24.3M9 Jan 3, 2021$25.3M9 Dec 29, 2019−4.0%
Finance-lease assets$12.1M9 Jan 3, 2021$9.8M10 Dec 29, 2019+23.6%
Operating-lease assets (leased space)$7.8M9 Jan 3, 2021$3.3M9 Dec 29, 2019+134.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$600.0K9 Jan 3, 2021$1.4M9 Dec 29, 2019−56.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$18.2M9 Jan 3, 2021$18.2M9 Dec 29, 20190%
Intangible assets, net (excluding goodwill)$9.7M9 Jan 3, 2021$12.7M9 Dec 29, 2019−23.9%
Finite-lived intangibles, gross$21.0M9 Jan 3, 2021$21.0M9 Dec 29, 20190%
Accumulated amortization$11.3M9 Jan 3, 2021$8.3M9 Dec 29, 2019+36.9%
Finite-lived intangibles, net$9.7M9 Jan 3, 2021$12.7M9 Dec 29, 2019−23.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$49.8M9 Jan 3, 2021$47.8M9 Dec 29, 2019+4.1%
Raw materials$50.8M9 Jan 3, 2021$48.1M9 Dec 29, 2019+5.7%
Work in process$11.0M9 Jan 3, 2021$10.9M9 Dec 29, 2019+1.0%
Finished goods$28.3M9 Jan 3, 2021$15.4M9 Dec 29, 2019+84.3%

The story

1985 - Surface Mount founded in Toronto, Ontario

1990 - HTM established in Denver, Colorado

July 1999 - merger of Surface Mount and HTM

1999 - purchased Zenith Electronics' facility in Chihuahua, Mexico, SMTC's only site with unionized employees

September 1999 - acquired W. F. Wood of Boston, Massachusetts

July 2000 - acquired EMS company, Pensar Electronic Solutions of Appleton, Wisconsin

July 21, 2000 - IPO

November 2000 - acquired Qualtron Teoranta of Donegal, Ireland, and subsidiary in Haverhill, Massachusetts

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March 2002 - Closed down its Cork City, Ireland manufacturing plant with the loss of 200 jobs due to its main customer going into administration.

August 2003 - Sold EMS company, Pensar Electronics Solutions of Appleton, Wisconsin back to the original owners. The original owners decided to buy the company back after hearing plans that SMTC was planning on shutting the plant down.

February 2010 - SMTC regained compliance with Nasdaq requirements, after Nasdaq notified the company for failing to maintain a minimum bid price of $1.00 on September 15, 2009.

November 8, 2018 - acquires contract manufacturer MC Assembly

April 2021 - H.I.G. Capital acquired SMTC for US $172 million and its stock was delisted from Nasdaq.

From Wikipedia’s article on SMTC Corporation, shared under CC BY-SA 4.0.7

Leadership

Who has led SMTC Corporation, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Claude Germain2011–2012
  2. Lawrence Harris Silber2013
  3. Sushil Dhiman2014–2017

Chair

  1. Clarke H. Bailey2013

President

  1. Sushil Dhiman2014–2017

Chief financial officer

  1. Jane M. A. Todd2006–2011
  2. Roger Dunfield2016–2018
  3. Steven M. Waszak2018–2021

Chief operating officer

  1. Richard E. Fitzgerald2017–2021
1990200020102020
Board members and other officers (12)

Timeline

  1. Jan 9, 2014New chief executive Sushil Dhiman becomes CEO11
  2. Aug 14, 2013New chief executive Lawrence Harris Silber becomes CEO12
  3. May 17, 2011New chief executive Claude Germain becomes CEO13
  4. 1985Founded Founded in Toronto1

SEC filer profile

How SMTC Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSMTC CORP2
  • CIK0001108320
  • Employer ID (EIN)98-01976802
  • Filer statusAccelerated filer<br>smaller reporting company2
  • Incorporated inDelaware2
  • Fiscal year endsJanuary 22
  • Industry code (SIC)3672 Printed Circuit Boards2
  • Business address7050 Woodbine Avenue, Suite 300, Markham, A6 L3R4G82
  • Phone90547918102
  • Shares outstanding28,513,810 as of Mar 17, 20219
  • Public float$62.8M as of Jun 28, 20209
  • On EDGAR sinceMar 24, 20002
  • Filings844 in all: 4 (276), 8-K (185), 10-Q (62), 424B3 (33), 3 (27), 10-K (21), DEF 14A (20), UPLOAD (19)2
    All 46 form types

    SC 13G (18), SC 13G/A (16), CORRESP (14), SC 13D/A (14), EFFECT (11), PRE 14A (11), POS AM (10), 4/A (9), DEFA14A (9), 10-K/A (8), S-3 (7), S-8 POS (7), SD (7), 10-Q/A (6), S-1/A (6), SC 13D (6), S-8 (5), 8-K/A (4), ARS (4), 424B2 (3), PRER14A (3), S-3/A (3), 8-A12G (2), NT 10-K (2), NT 10-Q (2), S-1 (2), 15-12G (1), 25-NSE (1), 3/A (1), 424B1 (1), 424B5 (1), D (1), DEFM14A (1), DEFR14A (1), NTN 10K (1), PREM14A (1), REGDEX (1), RW (1)

  • Latest filingsAnnual report (10-K) Mar 17, 2021
    Quarterly report (10-Q) Nov 5, 2020
    Proxy statement (DEF 14A) Jun 26, 2020
    Latest 8-K (8-K) Apr 5, 2021

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Company websiteSMTC Corporation logo
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    Company websiteSMTC Corporation photo
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