16 unchanged sentences
Our unique blend of multinational facilities, vertical integration, centralized management, and core strengths continue to support our growth and our customers’ needs.
−Removed: We continue to focus on controlling operating expenses and leveraging the synergistic capabilities of our world-class facilities in the United States, Mexico, China, and Vietnam.
+Added: We continue to focus on controlling operating expenses and leveraging the synergistic capabilities of our world-class facilities in the United States, Mexico, and Vietnam.
This international production capability provides our customers with the benefits of improved supply-chain management, reduced inventory, lower labor costs, lower transportation costs, and reduced product fulfillment time.
−Removed: We are also planning to significantly increase production capacity in our Arkansas and Vietnam facilities in order to continue to benefit from the growing customer demand for rebalancing their contract manufacturing.
−Removed: We believe these initiatives should help mitigate the adverse impact and uncertainties surrounding the recently announced tariffs on goods manufactured in China and Mexico.
+Added: We have also recently significantly increased production capacity in our Arkansas and Vietnam facilities, and wound down manufacturing operations in China, in order to continue to benefit from the growing customer demand for rebalancing their contract manufacturing.
+Added: We believe these initiatives should help mitigate the adverse impact and uncertainties surrounding the continuously evolving tariffs on goods sourced or manufactured in China and Mexico.
Given our competitive advantages and the growing pressure for new potential customers to move forward with their outsourcing strategies, we feel that we are strongly positioned to win new business in coming periods and grow our revenue and profits.
3 unchanged sentences
Ongoing challenges that we face include but are not limited to the following:
−Removed: continuing to win programs from new and existing customers, balancing capital employed, production capacity and key personnel in support of new customer programs, improving operating efficiencies, controlling costs while developing competitive pricing strategies, and successfully transitioning new program wins to full production with minimal delays.
+Added: continuing to win programs from new and existing customers, balancing capital employed, managing credit availability and financing constraints, production capacity and key personnel in support of new customer programs, improving operating efficiencies, controlling costs while developing competitive pricing strategies, and successfully transitioning new program wins to full production with minimal delays.
Customers and Marketing
44 unchanged sentences
As of June 27, 2026, we had 3,298 full-time employees compared to 3,539 on June 28, 2025.
−Removed: This headcount reduction is related to active efforts to streamline our operations, optimize our cost structure, and become more cost competitive in new quote opportunities.
+Added: This headcount reduction is related to restructuring in our Juarez facilities and the wind down of China manufacturing operations.
+Added: We actively effort to streamline our operations, optimize our cost structure, and become more cost competitive in new quote opportunities.
Since we can have significant fluctuations in product demand, we seek to maintain flexibility in our workforce by utilizing skilled temporary labor in some of our manufacturing facilities in addition to full-time employees.
20 unchanged sentences
Orebaugh 55 Executive Vice President of Engineering
+Added: Agress 47 Executive Vice President of Business Development
Mark Courtney 60 Vice President of Supply Chain
13 unchanged sentences
He also held various auditing and supervisory positions with Grant Thornton LLP from 1997 to 2002.
−Removed: Larsen has a Bachelor of Science degree in Accounting and a Masters degree in Accounting from Brigham Young University and is a Certified Public Accountant.
+Added: Larsen has a Bachelor of Science degree in Accounting and a Masters degree in Accounting from Brigham Young University.
+Added: In April 2026, the Company, Mr.
+Added: Larsen, and another employee settled books-and-records and internal controls charges with the SEC, fully resolving the previously disclosed SEC inquiries arising from an internal investigation completed in 2021.
+Added: The investigation was initiated following a notification from an employee concerning certain alleged accounting irregularities received shortly before a scheduled earnings release.
+Added: The SEC's administrative order did not allege that Mr.
+Added: Larsen participated in, directed, or engaged in fraudulent conduct.
+Added: Rather, the SEC's findings related to the adequacy of the Company's disclosures and materiality assessments in connection with the earnings release that was issued following notification of the matter.
+Added: Without admitting or denying the SEC's findings, Mr.
+Added: Larsen consented to the entry of a cease-and-desist order relating to Sections 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act.
VOORHEES - Executive Vice President of Administration, Chief Financial Officer, and Treasurer
6 unchanged sentences
Voorhees held senior level accounting positions at Boise State University and Idaho State Department of Agriculture.
−Removed: Voorhees has a bachelor degree in Accounting from the University of Idaho and is a Certified Public Accountant.
+Added: Voorhees has a bachelor degree in Accounting from the University of Idaho.
HOCHBERG – Executive Vice President of Customer Relations and Integration
36 unchanged sentences
Orebaugh holds a BA in Mechanical Engineering from Gonzaga University.
+Added: AGRESS - Executive Vice President of Business Development
+Added: Agress, age 47, has served as Executive Vice President of Business Development since joining the Company in July 2024.
+Added: Prior to joining Key Tronic Corporation, he served as Senior Vice President, Business Development for East West Manufacturing from August 2020 to July 2024.
+Added: From July 2016 to August 2020, he led sales and business development organizations for FLIR Systems and served as VP of Customer Success for Brickstream and Nomi from December 2014 to July 2016.
+Added: Earlier in his career, Mr.
+Added: Agress served in professional services, operations, and sales engineering leadership roles in high-growth startup environments.
+Added: Agress holds a B.S.
+Added: in Computer Science from Georgia Institute of Technology and an MBA from Georgia State University.
MARK COURTNEY – Vice President of Supply Chain
9 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.