Note 11 - Subsequent Event

6 Months Ended

Jul. 01, 2017

Notes to Financial Statements

Subsequent Events [Text Block]

11

) Subsequent Event

On

July 6, 2017,

the company completed the acquisition of U.S. Sensor Corp. headquartered in California. The purchase price of

$24.0

million is subject to a working capital adjustment and was financed primarily by cash on hand. The acquired business, which will be part of the company's Electronics segment, will contribute to the expansion of the Company’s existing sensor platform portfolio with a range of high-quality temperature sensor products.