0001104659-15-041912.txt : 20150529 0001104659-15-041912.hdr.sgml : 20150529 20150529124521 ACCESSION NUMBER: 0001104659-15-041912 CONFORMED SUBMISSION TYPE: SD PUBLIC DOCUMENT COUNT: 2 13p-1 1.01 20141231 1.02 20141231 FILED AS OF DATE: 20150529 DATE AS OF CHANGE: 20150529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CTS CORP CENTRAL INDEX KEY: 0000026058 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 350225010 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SD SEC ACT: 1934 Act SEC FILE NUMBER: 001-04639 FILM NUMBER: 15898294 BUSINESS ADDRESS: STREET 1: 1142 WEST BEARDSLEY AVENUE CITY: ELKHART STATE: IN ZIP: 46514 BUSINESS PHONE: 5745233800 MAIL ADDRESS: STREET 1: 1142 WEST BEARDSLEY AVENUE CITY: ELKHART STATE: IN ZIP: 46514 SD 1 a15-12864_1sd.htm SD

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM SD

 

Specialized Disclosure Report

 

CTS CORPORATION

(Exact name of registrant as specified in its charter)

 

INDIANA

 

1-4639

 

35-0225010

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation or organization)

 

File Number)

 

Identification No.)

 

1142 West Beardsley Avenue

 

46514

(Address of principal executive offices)

 

(Zip Code)

 

Robert J. Patton, Vice President, General Counsel & Secretary (630) 577-8831

(Name and telephone number, including area code, of the person to contact in connection with
this report.)

 

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

 

x          Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2014.

 

 

 



 

Section 1 - Conflict Minerals Disclosure

 

Item 1.01 Conflict Minerals Disclosure and Report

 

(a)                     Conflict minerals are necessary to the functionality or production of certain of the products manufactured by the registrant or contracted by the registrant to be manufactured and are required to be reported in the calendar year covered by this specialized disclosure report.  Registrant does not purchase the conflict minerals directly from smelters or mines and as a result registrant conducted in good faith a reasonable country of origin inquiry with its suppliers and undertook due diligence measures reasonably designed to determine whether any of the conflict minerals originated in the Democratic Republic of the Congo or an adjoining country or are from recycled or scrap sources.

 

(b)                     Based on its reasonable country of origin inquiry and due diligence measures, the registrant determined that its necessary conflict minerals used in certain of the products manufactured by the registrant or contracted by the registrant to be manufactured did not originate in the Democratic Republic of the Congo or an adjoining country or did come from recycled or scrap sources, or that it had no reason to believe that its necessary conflict minerals may have originated in the Democratic Republic of the Congo or an adjoining country, or that it reasonably believed that its necessary conflict minerals did come from recycled or scrap sources.  The reasonable country of origin inquiry and due diligence measures that registrant undertook included requesting all relevant first-tier suppliers to complete the CFSI Conflict Minerals Reporting Template (CMRT) which can be found at http://www.conflictfreesourcing.org, reviewing the information and smelter data provided by relevant first-tier suppliers, and comparing smelters and refiners identified by the supply chain to independently verified lists (e.g., the CFSI Conflict-Free Smelter Program list which can be found at http://www.conflictfreesourcing.org) to assess possible risk.  The registrant has disclosed this information on its publicly available Internet website at the following link: http:/www.ctscorp.com/governance/conflictmineralsformSDSpecializedDisclosureReport.

 

(c)                                 Based on its reasonable country of origin inquiry and due diligence measures, the registrant also determined that its necessary conflict minerals used in certain of the products manufactured by the registrant or contracted by the registrant to be manufactured did or may have originated in the Democratic Republic of the Congo or an adjoining country and that they may not be from recycled or scrap sources.  The registrant exercised due diligence on the source and chain of custody of such conflict minerals that conforms to the nationally due diligence framework as set forth in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. The reasonable country of origin inquiry and due diligence measures that registrant undertook included requesting all relevant first-tier suppliers to complete the CFSI Conflict Minerals Reporting Template (CMRT) which can be found at http://www.conflictfreesourcing.org, reviewing the information and smelter data provided by relevant first-tier suppliers, and comparing smelters and refiners identified by the supply chain to independently verified lists (e.g., the CFSI Conflict-Free Smelter Program list which can be found at http://www.conflictfreesourcing.org).  The registrant has disclosed this information on its publicly available Internet website at the following link: http:/www.ctscorp.com/governance/conflictmineralsformSDSpecializedDisclosureReport. The registrant is also filing a Conflict Minerals Report as an exhibit to its specialized disclosure report and has provided that report on its publicly available Internet website at the following link: http:/www.ctscorp.com/governance/conflictmineralsformSDSpecializedDisclosureReport.

 

(d)            The definitions set forth in paragraph (d) of the guide and instructions of the United States Securities and Exchange Commission for Form SD apply to the terms used in this Specialized Disclosure Report.

 

Item 1.02 Exhibit

 

Registrant has filed, as Exhibit 1.01 to this Form SD, the Conflict Minerals Report required by Item 1.01.

 

2



 

Section 2 — Exhibits

 

Item 2.01 Exhibits

 

Exhibit 1.01 - Conflict Minerals Report as required by Items 1.01 and 1.02.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

 

CTS CORPORATION

 

 

(Registrant)

 

 

 

 

 

/S/ Robert J. Patton

 

May 29, 2015

By (Signature and Title)

 

(Date)

 

 

 

Robert J. Patton, Vice President, General Counsel and Secretary

 

3


EX-1.01 2 a15-12864_1ex1d01.htm EX-1.01

Exhibit 1.01

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM SD-Exhibit 1.01

Conflict Minerals Report

 

Registrant submits this Conflict Minerals Report as Exhibit 1.01 to FORM SD Specialized Disclosure Report and provides the following information:

 

(1)              Due Diligence: A description of the registrant’s reasonable country of origin inquiry and the measures the registrant has taken to exercise due diligence on the source and chain of custody of those conflict minerals follows:

 

(i)                                     The registrant’s due diligence conforms to the nationally or internationally recognized due diligence framework as set forth in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas which can be found at http://www.oecd.org and included the following:

 

(A)            Registrant’s implementation of an execution plan for a company-wide conflict minerals program including:

 

(a)                                 Registrant’s adoption of a conflict minerals policy which can be found on registrant’s publicly available Internet website at the following link: http://www.ctscorp.com/governance/conflictmineralspolicy.htm.

 

(b)                                 Registrant’s assembly of an internal team to implement, manage and execute registrant’s conflict minerals policy.

 

(c)                                  Registrant’s adoption of a system designed to allow engagement and communication with the supply-chain and request information relating to the identity of the conflict mineral smelters and refiners used by the supply-chain.

 

(d)                                 Registrant’s incorporation of registrant’s expectations regarding suppliers’ conflict minerals policies, processes and information disclosures into relevant registrant documents including for example registrant’s conflict minerals policy, registrant’s supplier purchase order terms and conditions, registrant’s supplier contract clauses, and registrant’s correspondence and communication with suppliers.

 

(B)            Registrant’s identification and assessment of risk in the supply chain including:

 

(a)                                 Identification of registrant’s relevant first-tier suppliers.

 

(b)                                 Conducting a reasonable country of origin and undertaking due diligence measures including requesting all relevant first-tier suppliers to complete the CFSI Conflict Minerals Reporting Template (CMRT) which can be found at http://www.conflictfreesourcing.org, reviewing the information and smelter data provided by relevant first-tier suppliers, and comparing smelters and refiners identified by the supply chain to independently verified lists (e.g., the CFSI Conflict-Free Smelter Program list which can be found at http://www.conflictfreesourcing.org) to assess possible risk.

 

(ii)                                  In accordance with Instruction (3) to Item 1.01 of the guide of the Securities and Exchange Commission for completing this Conflict Minerals Report, the due diligence measures did not include or require an independent private sector audit of this Conflict Minerals Report.

 

(iii)                                 Registrant has disclosed above the steps it has taken, and discloses below the steps which registrant will take, to mitigate the risk that its necessary conflict minerals benefit armed groups, including the adoption, monitoring, and tracking of a risk management, mitigation, and corrective action plan including follow-up letters to relevant first-tier suppliers requesting validation of such suppliers or the smelters or refiners used by such suppliers as CFSI Conflict Free in accordance with, for example, the CFSI Conflict-Free Smelter Program.

 

1



 

(2)  Product Description: Registrant provides the following general description of the products identified in Item 1.01(c) of Form SD Specialized Disclosure Report:

 

Frequency Products: quartz crystals, XOs, OCXOs, TCXOs, VCXOs, VCSOs, VCO/PLLs, PXOs, clock oscillators, jitter attenuators, clock generators, frequency translators, piezoelectric devices, discoidal filters, tubular filters, and resistors.

 

Electromechanical Products: switches and potentiometers.

 

Automotive Products: accelerator pedals, actuators, seat belt tension sensors, seat belt buckle switch sensors, wheel speed sensors, position sensor assemblies, air grille shutter sensors, and throttle position sensors.

 

Registrant also provides below a list of the facilities used to process the necessary conflict minerals in certain of the products identified above.  The country of origin of the conflict minerals is unknown.  The efforts to determine the mine or location of origin of the conflict minerals included requesting all relevant first tier suppliers to complete the CFSI Conflict Minerals Reporting Template (CMRT) which required identification of the mine or location of origin of the conflict minerals, if known.

 

Conflict
Mineral

 

Facility

 

Location

Gold

 

Almalyk Mining and Metallurgical Complex (AMMC)

 

UZBEKISTAN

Gold

 

AngloGold Ashanti Córrego do Sítio Minerção

 

BRAZIL

Gold

 

Argor-Heraeus SA

 

SWITZERLAND

Gold

 

Asahi Pretec Corporation

 

JAPAN

Gold

 

Asaka Riken Co Ltd

 

JAPAN

Gold

 

Aurubis AG

 

GERMANY

Gold

 

Bangko Sentral ng Pilipinas (Central Bank of the Philippines)

 

PHILIPPINES

Gold

 

Bauer Walser AG

 

GERMANY

Gold

 

Caridad

 

MEXICO

Gold

 

Cendres + Métaux SA

 

SWITZERLAND

Gold

 

China National Gold Group Corporation

 

CHINA

Gold

 

Chugai Mining

 

JAPAN

Gold

 

Colt Refining

 

UNITED STATES

Gold

 

Daejin Indus Co. Ltd

 

KOREA, REPUBLIC OF

Gold

 

Daye Non-Ferrous Metals Mining Ltd.

 

CHINA

Gold

 

Do Sung Corporation

 

KOREA, REPUBLIC OF

Gold

 

Doduco

 

GERMANY

Gold

 

FSE Novosibirsk Refinery

 

RUSSIAN FEDERATION

Gold

 

Gansu Seemine Material Hi-Tech Co Ltd

 

CHINA

Gold

 

Guangdong Jinding Gold Limited.

 

CHINA

Gold

 

Hangzhou Fuchunjiang Smelting Co., Ltd.

 

CHINA

Gold

 

Heraeus Ltd. Hong Kong

 

HONG KONG

Gold

 

Heraeus Precious Metals GmbH & Co. KG

 

GERMANY

Gold

 

Hwasung CJ Co. Ltd

 

KOREA, REPUBLIC OF

Gold

 

Inner Mongolia Qiankun Gold and Silver

 

CHINA

Gold

 

Jiangxi Copper Company Limited

 

CHINA

Gold

 

Kazzinc Ltd

 

KAZAKHSTAN

Gold

 

Korea Metal Co. Ltd

 

KOREA, REPUBLIC OF

Gold

 

Kyrgyzaltyn JSC

 

KYRGYZSTAN

Gold

 

Luoyang Zijin Yinhui Metal Smelt Co Ltd

 

CHINA

Gold

 

Mitsui Mining and Smelting Co., Ltd.

 

JAPAN

Gold

 

Moscow Special Alloys Processing Plant

 

RUSSIAN FEDERATION

Gold

 

Navoi Mining and Metallurgical Combinat

 

UZBEKISTAN

Gold

 

Nihon Material Co. LTD

 

JAPAN

Gold

 

PAMP SA

 

SWITZERLAND

Gold

 

Penglai Penggang Gold Industry Co Ltd

 

CHINA

Gold

 

Prioksky Plant of Non-Ferrous Metals

 

RUSSIAN FEDERATION

Gold

 

PT Aneka Tambang (Persero) Tbk

 

INDONESIA

 

2



 

Gold

 

Rand Refinery

 

SOUTH AFRICA

Gold

 

Sabin Metal Corp.

 

UNITED STATES

Gold

 

Samduck Precious Metals

 

KOREA, REPUBLIC OF

Gold

 

SAMWON METALS Corp.

 

KOREA, REPUBLIC OF

Gold

 

So Accurate Group, Inc.

 

UNITED STATES

Gold

 

SOE Shyolkovsky Factory of Secondary Precious Metals

 

RUSSIAN FEDERATION

Gold

 

The Great Wall Gold and Silver Refinery of China

 

CHINA

Gold

 

Tongling nonferrous Metals Group Co., Ltd

 

CHINA

Gold

 

Torecom

 

KOREA, REPUBLIC OF

Gold

 

Umicore Brasil Ltda

 

BRAZIL

Gold

 

Umicore SA Business Unit Precious Metals Refining

 

BELGIUM

Gold

 

YAMAMOTO PRECIOUS METAL CO., LTD.

 

JAPAN

Gold

 

Yokohama Metal Co Ltd

 

JAPAN

Gold

 

Yunnan Copper Industry Co Ltd

 

CHINA

Gold

 

Zijin Mining Group Co. Ltd.

 

CHINA

Tantalum

 

Shanghai Jiangxi Metals Co. Ltd

 

CHINA

Tin

 

China Rare Metal Materials Company

 

CHINA

Tin

 

CNMC (Guangxi) PGMA Co. Ltd.

 

CHINA

Tin

 

Cooper Santa

 

BRAZIL

Tin

 

CV Gita Pesona

 

INDONESIA

Tin

 

CV JusTindo

 

INDONESIA

Tin

 

CV Makmur Jaya.

 

INDONESIA

Tin

 

CV Nurjanah

 

INDONESIA

Tin

 

CV Serumpun Sebalai

 

INDONESIA

Tin

 

Estanho de Rondônia S.A.

 

BRAZIL

Tin

 

Fenix Metals

 

CHINA

Tin

 

Gejiu Kai Meng Industry and Trade LLC

 

CHINA

Tin

 

Gejiu Zi-Li

 

CHINA

Tin

 

Huichang Jinshunda Tin Co. Ltd

 

CHINA

Tin

 

Jiangxi Nanshan

 

CHINA

Tin

 

Linwu Xianggui Smelter Co

 

CHINA

Tin

 

Metallo Chimique

 

BELGIUM

Tin

 

Novosibirsk Integrated Tin Works

 

RUSSIAN FEDERATION

Tin

 

O.M. Manufacturing (Thailand) Co., Ltd.

 

THAILAND

Tin

 

PT Alam Lestari Kencana

 

INDONESIA

Tin

 

PT Babel Surya Alam Lestari

 

INDONESIA

Tin

 

PT Bangka Tin Industry

 

INDONESIA

Tin

 

PT BilliTin Makmur Lestari

 

INDONESIA

Tin

 

PT Fang Di MulTindo

 

INDONESIA

Tin

 

PT HP Metals Indonesia

 

INDONESIA

Tin

 

PT Inti Stania Prima

 

INDONESIA

Tin

 

PT Karimun Mining

 

INDONESIA

Tin

 

PT Koba Tin

 

INDONESIA

Tin

 

PT Pelat Timah Nusantara Tbk

 

INDONESIA

Tin

 

PT Seirama Tin investment

 

INDONESIA

Tin

 

PT Sumber Jaya Indah

 

INDONESIA

Tin

 

PT Supra Sukses Trinusa

 

INDONESIA

Tin

 

PT Tambang Timah

 

INDONESIA

 

3



 

Tin

 

PT Tommy Utama

 

INDONESIA

Tin

 

PT Yinchendo Mining Industry

 

INDONESIA

Tin

 

Rui Da Hung

 

TAIWAN

Tin

 

Soft Metais, Ltda.

 

BRAZIL

Tin

 

Yunnan Chengfeng Non-ferrous Metals Co. Ltd.

 

CHINA

Tungsten

 

A.L.M.T. Corp.

 

JAPAN

Tungsten

 

Chongyi Zhangyuan Tungsten Co., Ltd.

 

CHINA

Tungsten

 

Dayu Weiliang Tungsten Co., Ltd.

 

CHINA

Tungsten

 

Fujian Jinxin Tungsten Co., Ltd.

 

CHINA

Tungsten

 

Ganzhou Non-ferrous Metals Smelting Co., Ltd.

 

CHINA

Tungsten

 

Guangdong Xianglu Tungsten Co., Ltd.

 

CHINA

Tungsten

 

H.C. Starck GmbH

 

GERMANY

Tungsten

 

H.C. Starck Smelting GmbH & Co.KG

 

GERMANY

Tungsten

 

Hunan Chenzhou Mining Group Co., Ltd.

 

CHINA

Tungsten

 

Jiangxi Minmetals Gao’an Non-ferrous Metals Co., Ltd.

 

CHINA

Tungsten

 

Jiangxi Richsea New Materials Co., Ltd.

 

CHINA

Tungsten

 

Jiangxi Tonggu Non-Ferrous Metallurgical & Chemical Co., Ltd.

 

CHINA

Tungsten

 

Jiangxi Xinsheng Tungsten Industry Co., Ltd.

 

CHINA

Tungsten

 

Jiangxi Yaosheng Tungsten Co., Ltd.

 

CHINA

Tungsten

 

Kennametal Fallon

 

UNITED STATES

Tungsten

 

Kennametal Huntsville

 

UNITED STATES

Tungsten

 

Tejing (Vietnam) Tungsten Co., Ltd.

 

VIETNAM

Tungsten

 

Xinhai Rendan Shaoguan Tungsten Co., Ltd.

 

CHINA

 

4