CO-AX Technology
- Company typePrivate
- Founded1993
- HeadquartersCleveland, United States
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
CO-AX Technology firmographics
Firmographics- Name
- CO-AX Technology
- Legal name
- CO-AX Technology, Inc.
- Website
- https://coaxinc.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
CO-AX Technology industry classification
Industry- Product category
- Electronics Contract Manufacturing
- NAICS
- Semiconductor and Other Electronic Component Manufacturing (3344), Electrical Equipment Manufacturing (33531), Communications Equipment Manufacturing (3342)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620), Wholesale-Electronic Parts & Equipment, Nec (5065)
- akta.pro primary industry
- Industrial Electronics Manufacturing Services (EMS) (IMAGAGAA)
- akta.pro secondary industries
- Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs) (IMAGAGAD), Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers) (IMAGAGAC), Automotive ECUs/Control Modules & Embedded Electronics Manufacturing (IMACAJAC)
Keywords
Where CO-AX Technology is headquartered
LocationHeadquarters
- HQ city
- Cleveland
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
CO-AX Technology business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Contract Manufacturing Services: Full-service electronics manufacturing including PCBA, cable/harness assembly, and box build/turnkey finished products. Revenue generated on a project-by-project basis with typical customer annual spend of $750,000+.
- Engineering and Design Services: Design for Manufacturing (DFM) analysis, prototyping, new product introduction (NPI), and engineering support services.
- Supply Chain Management: Component sourcing, strategic inventory management, and supply chain services bundled with manufacturing.
- Direct-Order Fulfillment Program: Global and regional distribution capabilities including direct shipment to customer's customers in their packaging with specified languages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise Contract Manufacturing - Custom Quote |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
CO-AX Technology product offering
Product offeringCore offering
CO-AX Technology provides end-to-end electronics contract manufacturing services from design through box build delivery, operating from a 114,000 sq. ft. facility in Solon, Ohio. Core offerings include Printed Circuit Board Assembly (PCBA) with SMT, THT, BGA, and flip chip capabilities, Cable and Harness Assemblies, and Turnkey Box Build/Finished Product Assembly, complemented by Engineering & Design Services, Rapid Prototyping & NPI, Supply Chain Management, and Quality Management. The company serves OEMs in medical, industrial, transportation, aerospace, consumer goods, and smart systems/IoT markets, with customers typically spending $750,000+ annually.
Product overview
CO-AX Technology is an electronic design and manufacturing services provider offering integrated electronics solutions. The company operates a comprehensive portfolio of manufacturing services organized around three core products: Printed Circuit Board Assembly (PCBA), Cable and Harness Assemblies, and Finished Products/Turnkey Box Build Assembly. These core products are supported by complementary service offerings including Engineering & Design Services (multi-disciplined design engineering with DFM capabilities), Rapid Prototyping & NPI (dedicated SMT line for faster development), Supply Chain Management (strategic sourcing with SiliconExpert lifecycle management), and Quality Management (AOI, X-ray, ICT, FCT testing). Additional specialized services include PCB Potting and Conformal Coating for harsh environment protection. The company also offers a High-Mix, Low-Volume manufacturing approach for flexible production. Services span from prototype through full-scale production, serving medical, industrial, transportation, aerospace, consumer goods, and smart systems/IoT markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Printed Circuit Board Assembly (PCBA) Full-service SMT, THT, miniaturization, BGA, and flip chip printed circuit board assembly service for OEMs in medical, industrial, consumer, aerospace, and smart systems markets.
- Cable and Harness Assemblies Automated cut and strip, complex harnesses, and interconnection assemblies manufactured for electronic applications across CO-AX's served verticals.
- Finished Products / Turnkey Box Build Assembly Complete turnkey box build service integrating PCBA, cable, and enclosure assemblies with DFM review, engineering support, in-circuit and functional testing, AOI inspection, conformal coating, and packaging for OEM customers.
- Engineering & Design Services Multi-disciplined design engineering service using industry-leading software, including Design for Manufacturability (DFM), collaborative design optimization, and regulatory compliance support for OEM customers.
- Rapid Prototyping & New Product Introduction (NPI) Concept modeling, evaluation, and design completion services supported by a dedicated SMT prototyping line, delivering faster development cycles with approximately two-week turnaround from date last part received.
- Supply Chain Management Strategic sourcing, traceability, and on-time delivery service leveraging SiliconExpert for component lifecycle management, counterfeit detection, and BOM assessment for OEM manufacturing programs.
- Quality Management Comprehensive quality control service incorporating solder paste inspection (SPI), automated optical inspection (AOI), X-ray inspection, in-circuit testing (ICT), and functional circuit testing (FCT), supported by ISO, IPC, UL, FDA, and RoHS certifications.
Quantifiable outcome
- Reduced supply chain disruption through shorter, more resilient domestic supply chains
- +2 more outcomes
Companies that use CO-AX Technology
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles2 records
CO-AX Technology technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
CO-AX Technology partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and flagship.
- USA Firmware, LLCcoreStrategic partnership to collaborate on development, manufacturing, and commercialization of advanced hardware, firmware, and software-driven products. USA Firmware brings expertise in product design, firmware, and software development, while CO-AX provides electronic contract manufacturing specialization. The relationship is structured as collaborative and two-directional where each party may engage the other in support of respective customers. USA Firmware may leverage CO-AX for manufacturing and assembly, while CO-AX may engage USA Firmware for product design and engineering services on a project-by-project basis.
- Eagle ElectronicsflagshipEagle Electronics partnered with CO-AX Technology to produce the first American-made cellular 4G modules. This partnership strengthens Eagle's position in secure, domestic electronics manufacturing while leveraging CO-AX's advanced contract manufacturing capabilities. The collaboration represents a significant milestone in bringing advanced electronics production back to the Greater Cleveland region and was featured in The Plain Dealer as a major step for reshoring technology.
- LifeSciencesNYcoreCO-AX Technology maintains a relationship with LifeSciencesNY, a non-profit association promoting the biotech/biomedical industry across New York state. Chris Cassan serves on the board of LifeSciencesNY. The partnership enables cross-regional collaboration between the Midwest and East Coast life sciences corridors.
- Aegis FactoryLogix (AIS)coreCO-AX implemented Aegis FactoryLogix software for medical traceability and manufacturing execution. The integrated suite of software modules provides speed, control, and visibility to manufacturing operations, specifically designed to facilitate FDA-compliant medical traceability.
Scale indicators6 records
Recent moves7 records
Expansion highlights4 records
CO-AX Technology competitors and assessment
Company assessmentBroad incumbents
- Flex Ltd. Flex is one of the world's largest contract electronics manufacturers, offering PCBA, cable/harness, and box build services across consumer, medical, industrial, automotive, and aerospace end markets. It is a direct functional competitor to CO-AX across the entire EMS stack, though at vastly greater global scale.
- Jabil Inc. Jabil is a global tier-1 EMS provider delivering design, manufacturing, and supply chain services across diverse end markets including medical, aerospace, and connected devices. It competes with CO-AX on turnkey EMS engagements, though Jabil operates at multibillion-dollar scale with a global footprint.
- Sanmina Corporation: Sanmina is a global EMS/ODM with deep medical, industrial, and aerospace exposure, offering integrated PCB, cable, and box build capabilities. It is functionally comparable to CO-AX in scope but operates on a substantially larger scale with international manufacturing facilities.
Direct peers
- Benchmark Electronics: Benchmark Electronics is a US-headquartered mid-to-large tier EMS provider focused on highly regulated and complex markets including medical, aerospace, and industrial. It directly overlaps with CO-AX's value proposition of supporting complex, regulated OEM customers requiring traceability and certifications.
- Plexus Corp. Plexus is a mid-sized EMS competitor specializing in mid-to-low volume, high-mix complex product introductions for medical, industrial, and aerospace markets. Plexus's HMLV positioning and regulated-vertical focus directly mirror CO-AX's stated go-to-market strategy.
- Kimball Electronics: Kimball Electronics is a mid-market EMS company focused on medical, automotive, and industrial end markets, with PCBA and box build capabilities. Its vertical mix, mid-scale operations, and regulated-market orientation make it one of the closest publicly-traded comparable peers to CO-AX.
- Creation Technologies: Creation Technologies is a North American mid-market EMS provider specializing in complex, high-reliability products for medical, aerospace/defense, and industrial customers. Its scale, vertical focus, and onshore manufacturing positioning are highly comparable to CO-AX.
- IEC Electronics: IEC Electronics is a small-cap US EMS provider focused on medical, aerospace, and defense electronics with full PCBA, cable, and box build services. Its vertical mix, US footprint, and small-to-mid scale closely parallel CO-AX's profile.
- SMTC Corporation: SMTC is a mid-tier North American EMS provider offering PCBA, box build, and supply chain services to medical, industrial, and IoT customers. Its service portfolio and vertical mix directly overlap with CO-AX, though at slightly larger scale.
- Zentech Manufacturing: Zentech is a US-based mid-sized EMS provider focused on highly regulated military, aerospace, and medical electronics with full PCBA, cable, and box build services. Its onshore, regulated-vertical focus makes it a strong functional peer to CO-AX.
Market position
Strengths5 records
Weaknesses3 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CO-AX Technology social profiles
Digital presenceCO-AX Technology compliance and trust
Trust signalCompliance12 records
CO-AX Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
CO-AX Technology leadership team
Management profileNumber of profiles
Profiles3 records
CO-AX Technology funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CO-AX Technology M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CO-AX Technology
What does CO-AX Technology do?
CO-AX Technology provides end-to-end electronics contract manufacturing services from design through box build delivery, operating from a 114,000 sq. ft. facility in Solon, Ohio. Core offerings include Printed Circuit Board Assembly (PCBA) with SMT, THT, BGA, and flip chip capabilities, Cable and Harness Assemblies, and Turnkey Box Build/Finished Product Assembly, complemented by Engineering & Design Services, Rapid Prototyping & NPI, Supply Chain Management, and Quality Management. The company serves OEMs in medical, industrial, transportation, aerospace, consumer goods, and smart systems/IoT markets, with customers typically spending $750,000+ annually.
Is CO-AX Technology a public or private company?
CO-AX Technology is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CO-AX Technology founded?
CO-AX Technology was founded in 1993. It employs 251 to 500 people.
Where is CO-AX Technology based?
CO-AX Technology is headquartered in Cleveland, United States, in the North America region.
How does CO-AX Technology make money?
Four revenue lines are on record. Contract Manufacturing Services are the primary driver. The others are engineering and Design Services, supply Chain Management and direct-Order Fulfillment Program.
Who are CO-AX Technology's main competitors?
Broad incumbents on record are Flex Ltd., Jabil Inc. and Sanmina Corporation. Direct peers are Benchmark Electronics, Plexus Corp., Kimball Electronics, Creation Technologies, IEC Electronics, SMTC Corporation and Zentech Manufacturing.
Does CO-AX Technology have an API?
No public API is recorded for CO-AX Technology.
What industry is CO-AX Technology in?
CO-AX Technology's product category is Electronics Contract Manufacturing. Its primary akta.pro industry code is IMAGAGAA, Industrial Electronics Manufacturing Services (EMS), with a secondary code of IMAGAGAD, Embedded & HMI Electronics Manufacturing (Industrial PCs, HMIs, Panel PCs). Its NAICS code is 3344 and its SIC code is 3600.