----

----

|   | x | ANNUAL      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|--------|---|------------------------------------------------------------------------------------------------|

|   | o | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|--------|---|----------------------------------------------------------------------------------------------------|

|   | Indiana                                                             |   | 35-0225010                                |   |
|--------|---------------------------------------------------------------------|--------|-------------------------------------------|--------|
|   | (State      or other jurisdiction of incorporation or organization) |   | (IRS      Employer Identification Number) |   |

|   | 905      West Boulevard North,                |   |            |   |
|--------|-----------------------------------------------|--------|-----------------|--------|
|   | Elkhart,      IN                              |   | 46514           |   |
|   | (Address      of principal executive offices) |   | (Zip      Code) |   |

|   | Title      of Each Class             |   | Name      of Each Exchange on Which Registered |   |
|--------|--------------------------------------|--------|------------------------------------------------|--------|
|   | Common      stock, without par value |   | New      York Stock Exchange                   |   |

----

| (1) | Portions      of the 2008 Annual Report to shareholders are incorporated herein by      reference in Parts I and II. |
|-----|----------------------------------------------------------------------------------------------------------------------|

| (2) | Portions      of the Proxy Statement to be filed for the annual meeting of shareholders      to be held on or about May      27, 2009 are incorporated by reference in Part  III. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

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TABLE OFCONTENTS

| ITEM             |                                                                                                                    | PAGE   |
|------------------|-------------------------------------------------------------------------------------------------------------------------|--------|
|             |                                                                                                                    |   |
|             | PART      I                                                                                                             |   |
|             |                                                                                                                    |   |
| 1.               | Business                                                                                                                | 2      |
| 1A.              | Risk Factors                                                                                                            | 7      |
| 1B.              | Unresolved Staff Comments                                                                                               | 13     |
| 2.               | Properties                                                                                                              | 13     |
| 3.               | Legal Proceedings                                                                                                       | 14     |
| 4.               | Submission of Matters to a Vote of Security      Holders                                                                | 14     |
|             |                                                                                                                    |   |
|             | PART      II                                                                                                            |   |
|             |                                                                                                                    |   |
| 5.               | Market for Registrant’s Common Equity, Related Shareholder      Matters and Issuer Purchases of Equity Securities | 14     |
| 6.               | Selected Financial Data                                                                                                 | 16     |
| 7.               | Management’s Discussion and Analysis of Financial      Condition and Results of Operations                        | 17     |
| 7A.              | Quantitative and Qualitative Disclosures About Market      Risk                                                         | 17     |
| 8.               | Financial Statements and Supplementary      Data                                                                        | 17     |
| 9.               | Changes in and Disagreements With Accountants on      Accounting and Financial Disclosure                               | 17     |
| 9A.              | Controls and Procedures                                                                                                 | 17     |
| 9B.              | Other Information                                                                                                       | 17     |
|             |                                                                                                                    |   |
|             | PART      III                                                                                                           |   |
|             |                                                                                                                    |   |
| 10.              | Directors, Executive Officers and Corporate      Governance                                                             | 18     |
| 11.              | Executive Compensation                                                                                                  | 19     |
| 12.              | Security Ownership of Certain Beneficial Owners and      Management and Related Stockholder Matters                     | 19     |
| 13.              | Certain Relationships and Related Transactions, and      Director Independence                                          | 19     |
| 14.              | Principal Accountant Fees andServices                                                                                   | 19     |
|             |                                                                                                                    |   |
|             | PART      IV                                                                                                            |   |
|             |                                                                                                                    |   |
| 15.              | Exhibits, Financial Statements Schedules                                                                                | 20     |
|             |                                                                                                                    |   |
| SIGNATURES  | 23                                                                                                                      |

----

| PART      I |
|-------------|

| Item      1. | Business |
|--------------|----------|

|                                    |   | EMS    |    | Components      & Sensors |   | Total   |   |
|-----------------------------------------|--------|--------|---------|-------------------------------|--------|---------|--------|
| (As      a % of consolidated net sales) |   | 2008   |    | 2007                          |   | 2006    |   | 2008 |   | 2007 |   | 2006 |   | 2008 |   | 2007 |   | 2006 |   |
| Markets                                 |   |   |    |                          |   |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Automotive                              |   |   | — | %                             |   | — | %      |   | — | % |   | 25 | % |   | 26 | % |   | 25 | % |   | 25 | % |   | 26 | % |   | 25 | % |
| Communications                          |   |   | 16      | %                             |   | 14      | %      |   | 16 | % |   | 7 | % |   | 5 | % |   | 6 | % |   | 23 | % |   | 19 | % |   | 22 | % |
| Computer                                |   |   | 12      | %                             |   | 19      | %      |   | 24 | % |   | 2 | % |   | 1 | % |   | 2 | % |   | 14 | % |   | 20 | % |   | 26 | % |
| Medical                                 |   |   | 6       | %                             |   | 5       | %      |   | 6 | % |   | 1 | % |   | 1 | % |   | 1 | % |   | 7 | % |   | 6 | % |   | 7 | % |
| Industrial                              |   |   | 12      | %                             |   | 14      | %      |   | 7 | % |   | — | % |   | — | % |   | — | % |   | 12 | % |   | 14 | % |   | 7 | % |
| Defense      and Aerospace              |   |   | 11      | %                             |   | 7       | %      |   | 5 | % |   | 1 | % |   | 1 | % |   | — | % |   | 12 | % |   | 8 | % |   | 5 | % |
| Other                                   |   |   | 1       | %                             |   | — | %      |   | 1 | % |   | 6 | % |   | 7 | % |   | 7 | % |   | 7 | % |   | 7 | % |   | 8 | % |
| %      of consolidated net sales        |   |   | 58      | %                             |   | 59      | %      |   | 59 | % |   | 42 | % |   | 41 | % |   | 41 | % |   | 100 | % |   | 100 | % |   | 100 | % |

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Table of Contents

| Product      Description                                                                    | AutomotiveMarket | Communications      Market | Computer      Market | Medical      Market | Industrial      Market | Defense      and AerospaceMarket | Other      Markets |
|---------------------------------------------------------------------------------------------|------------------|----------------------------|----------------------|---------------------|------------------------|----------------------------------|--------------------|
| EMS:                                                                                        |
| Integrated      Interconnect Systems and Backpanels, including      Final Assembly and Test |             | Ÿ                     | Ÿ               | Ÿ              | Ÿ                 | Ÿ                           | Ÿ             |
| Complex      Printed Circuit Board Assemblies                                               |             | Ÿ                     | Ÿ               | Ÿ              | Ÿ                 | Ÿ                           | Ÿ             |
| Components      and Sensors:                                                                |
| Ceramic      Filters and Duplexers                                                          | Ÿ           | Ÿ                     |                 |                |                   | Ÿ                           | Ÿ             |
| Quartz      Crystals, Clocks, Precision Oscillators and Frequency    Modules                |             | Ÿ                     | Ÿ               |                |                   |                             | Ÿ             |
|  Sensors      and Actuators                                                            | Ÿ           |                       |                 |                |                   |                             | Ÿ             |
|  Resistor      Networks                                                                |             | Ÿ                     | Ÿ               |                | Ÿ                 |                             | Ÿ             |
| DIP      Switches and Potentiometers                                                        |             | Ÿ                     | Ÿ               |                | Ÿ                 |                             | Ÿ             |
| Piezoelectric      andPiezoceramics      Products                                           |             |                       |                 | Ÿ              | Ÿ                 | Ÿ                           | Ÿ             |
| Electromagnetic      Interference and Radio Frequency Interference Filters                  | Ÿ           | Ÿ                     |                 |                | Ÿ                 | Ÿ                           |               |

----

Table of Contents

| EMS:                         |   | Power      supplies and converters, prefabricated steel, printed circuit boards,      passive electronic components and semiconductors, integrated circuits,      connectors, cables, and modules.                                                                                                                                                                                                                                                                          |
|------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Components      and Sensors: |   | Conductive      inks and contactors which contain precious metals (primarily silver and      palladium), passive electronic components, integrated circuits and      semiconductors, rare earth materials (for ceramic compositions), ceramic      components, plastic components, molding compounds, printed circuit boards      and assemblies, quartz blanks and crystals, wire harness assemblies,      copper, brass, and steel-based raw materials and    components. |

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Table of Contents

| ($      in millions)        |   | January      25, 2009 |   |   | January      27, 2008 |   |
|-----------------------------|--------|-----------------------|--------|--------|-----------------------|--------|
| EMS                         |   | $                     | 52.3   |   |                  | $      | 70.7 |   |
| Components      and Sensors |   |                  | 27.7   |   |                  |   | 65.2 |   |
| Total                       |   | $                     | 80.0   |   |                  | $      | 135.9 |   |

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Risk Factors

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Table of Contents

Unresolved Staff Comments

Item2.            Properties

| Manufacturing      Facilities      |   | Square Footage |      | Owned/Leased | Segment        |
|------------------------------------|--------|---------------------|-----------|--------------|----------------|
| Albuquerque,      New Mexico       |   |                | 91,000    |         | Leased         | Components      and Sensors |
| Ayutthya,      Thailand            |   |                | 40,000    |         | Owned      (1) | EMS |
| Elkhart,      Indiana              |   |                | 319,000   |         | Owned          | Components      and Sensors |
| Glasgow,      Scotland             |   |                | 75,000    |         | Owned          | Components      and Sensors and EMS |
| Glasgow,      Scotland             |   |                | 37,000    |         | Leased         | Components      and Sensors and EMS |
| Kaohsiung,      Taiwan             |   |                | 133,000   |         | Owned      (2) | Components      and Sensors |
| Londonderry,      New Hampshire    |   |                | 73,000    |         | Leased         | EMS |
| Matamoros,      Mexico             |   |                | 51,000    |         | Owned          | Components      and Sensors and EMS |
| Moorpark,      California          |   |                | 115,500   |         | Leased         | EMS |
| Nogales,      Mexico               |   |                | 67,000    |         | Leased         | Components      and Sensors |
| Ostrava,      Czech Republic       |   |                | 60,000    |         | Leased         | Components      and Sensors |
| San      Jose, California          |   |                | 78,800    |         | Leased         | EMS |
| Singapore                          |   |                | 159,000   |         | Owned      (3) | Components      and Sensors and EMS |
| Streetsville,      Ontario, Canada |   |                | 112,000   |         | Owned          | Components      and Sensors |
| Tianjin,      China                |   |                | 225,000   |         | Owned      (4) | Components      and Sensors and EMS |
| Tucson,      Arizona               |   |                | 48,000    |         | Owned          | Components      and Sensors |
| Zhongshan,      China              |   |                | 72,400    |         | Leased         | Components      and Sensors |
| Total      manufacturing           |   |                | 1,756,700 |         |           |   |
|                               |   |                |      |         |           |   |

| (1) | The      land and building are collateral for a credit  facility. |
|-----|-------------------------------------------------------------------|

| (2) | Ground      lease through 2017; restrictions on use and transfer  apply. |
|-----|--------------------------------------------------------------------------|

| (3) | Ground      lease through 2039; restrictions on use and transfer  apply. |
|-----|--------------------------------------------------------------------------|

| (4) | Land      Use Rights Agreement through 2050 includes transfer, lease and mortgage      rights. |
|-----|------------------------------------------------------------------------------------------------|

| Non-Manufacturing      Facilities | Square      Footage |   | Owned/      Leased | Description                              | Segment                             |
|-----------------------------------|---------------------|--------|--------------------|------------------------------------------|-------------------------------------|
| Berne,      Indiana               | 249,000             |   | Owned              | Leased      to tenant                    | Components      and Sensors         |
| Bloomingdale,      Illinois  | 110,000             |   | Leased             | Administrative      offices and research | Components      and Sensors         |
| Brownsville,      Texas           | 85,000              |   | Owned              | Idle      facility/partially sublet      | Components      and Sensors         |
| Burbank,      California          | 9,200               |   | Owned              | Idle      facility                       | Components      and Sensors         |
| Burbank,      California          | 2,900               |   | Leased             | Idle      facility                       | Components      and Sensors         |
| Elkhart,      Indiana             | 93,000              |   | Owned              | Administrative      offices and research | Components      and Sensors and EMS |
| Kowloon,      Hong Kong           | 800                 |   | Leased             | Sales      office                        | Components      and Sensors         |
| Nagoya,      Japan                | 800                 |   | Leased             | Sales      office                        | Components      and Sensors         |
| Poway,      California            | 45,000              |   | Leased             | Sublet      to tenant                    | EMS                                 |
| Sandwich,      Illinois           | 94,000              |   | Owned              | Idle      facility                       | Components      and Sensors         |
| Shanghai,      China              | 1,700               |   | Leased             | Sales      office                        | Components      and Sensors         |
| Southfield,      Michigan         | 1,700               |   | Leased             | Sales      office                        | Components      and Sensors         |
| Taipei,      Taiwan               | 1,400               |   | Leased             | Sales      office                        | Components      and Sensors         |
| Yokohama,      Japan              | 1,400               |   | Leased             | Sales      office                        | Components      and Sensors         |
| Total      non-manufacturing      | 695,900             |   |               |                                     |                                |

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| Item 3. | Legal      Proceedings |
|---------|------------------------|

| Item 4. | Submission of Matters to a Vote of Security      Holders |
|---------|----------------------------------------------------------|

| Item 5. | Market      for Registrant’s Common Equity, Related Shareholder Matters and Issuer      Purchases of EquitySecurities |
|---------|-----------------------------------------------------------------------------------------------------------------------------|

|             |   |     |   |   |    |   |   |                    |   |   | Net      Earnings |   |
|------------------|--------|----------|--------|--------|---------|--------|--------|-------------------------|--------|--------|-------------------|--------|
|             |   | High (1) |   |   | Low (1) |   |   | Dividends      Declared |   |   | Basic             |   |   | Diluted |   |
| 2008             |   |     |   |   |    |   |   |                    |   |   |              |   |   |   |   |
| 4th      quarter |   | $        | 12.78  |   |    | $      | 4.53   |                    |   | $      | 0.03              |   |   | $ | 0.17 |   |   | $ | 0.16 |   |
| 3rd quarter      |   |     | 13.81  |   |    |   | 9.96   |                    |   |   | 0.03              |   |   |   | 0.23 |   |   |   | 0.21 |   |
| 2nd      quarter |   |     | 11.51  |   |    |   | 10.00  |                    |   |   | 0.03              |   |   |   | 0.30 |   |   |   | 0.27 |   |
| 1st      quarter |   |     | 10.80  |   |    |   | 9.01   |                    |   |   | 0.03              |   |   |   | 0.20 |   |   |   | 0.18 |   |
| 2007             |   |     |   |   |    |   |   |                    |   |   |              |   |   |   |   |   |   |   |   |   |
| 4th      quarter |   | $        | 13.84  |   |    | $      | 9.87   |                    |   | $      | 0.03              |   |   | $ | 0.22 |   |   | $ | 0.20 |   |
| 3rd      quarter |   |     | 13.90  |   |    |   | 12.11  |                    |   |   | 0.03              |   |   |   | 0.22 |   |   |   | 0.20 |   |
| 2nd      quarter |   |     | 13.98  |   |    |   | 11.74  |                    |   |   | 0.03              |   |   |   | 0.16 |   |   |   | 0.15 |   |
| 1st      quarter |   |     | 16.33  |   |    |   | 12.58  |                    |   |   | 0.03              |   |   |   | 0.11 |   |   |   | 0.11 |   |

| (1)   | The      market prices of CTS common stock presented reflect the highest and lowest      closing  prices on the New York Stock Exchange for each quarter      of the last two years. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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Table of Contents

|                                             |   | (a)Total      Number of Shares Purchased |    | (b)Average      Price Paid per Share |   | (c)Total      Numberof      SharesPurchased as part      of Plans or      Program |   | (d)Maximum Number  of Shares That May Yet Be      Purchased Under the Plans or      Programs(1) |    |
|--------------------------------------------------|--------|------------------------------------------|---------|--------------------------------------|--------|----------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------|---------|
|                                             |   |                                     |    |                                 |   |                                                                                   |   |                                                                                                      |    |   |   | 977,500 |   |
| September      29, 2008 – October 26, 2008 |   |                                     | — |                                 | $      | —                                                                                |   |                                                                                                      | — |   |   | 977,500 |   |
| October      27, 2008 – November 23, 2008  |   |                                     | — |                                 |   | —                                                                                |   |                                                                                                      | — |   |   | 977,500 |   |
| November      24, 2008 – December 31, 2008 |   |                                     | — |                                 |   | —                                                                                |   |                                                                                                      | — |   |   | 977,500 |   |
|                                             |   |                                     | — |                                 |   | —                                                                                |   |                                                                                                      | — |   |   |   |   |

| (1)   | In May 2008, CTS’ Board of Directors authorized a program to      repurchase up to one million shares of its common stock in the open      market.  The authorization does not  expire. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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SelectedFinancial Data

|                                                                                                       |   |   | 2008          |   | %      ofSales |    |   |   | 2007             |    | %      ofSales |   |   |   | 2006          |   |   | %      ofSales |   |   | 2005          |   |   | %      ofSales   |   |   | 2004          |   |   | %      ofSales |   |
|------------------------------------------------------------------------------------------------------------|--------|--------|---------------|--------|----------------|---------|--------|--------|------------------|---------|----------------|--------|--------|--------|---------------|--------|--------|----------------|--------|--------|---------------|--------|--------|------------------|--------|--------|---------------|--------|--------|----------------|--------|
| Summary      of Operations                                                                                 |   |   |          |   |           |    |   |   |             |    |           |   |   |   |          |   |   |           |   |   |          |   |   |             |   |   |          |   |   |           |   |
| Net      sales                                                                                             |   | $      | 691,707       |   | 100.0          |    |   | $      | 685,945          |    | 100.0          |   |   | $      | 655,614       |   |   |  100.0    |   | $      | 617,484       |   |   |  100.0      |   | $      | 531,316       |   |   | 100.0          |   |
|    Cost      of goods sold                                                                  |   |   | 554,634       |   | 80.2           |    |   |   | 553,253          |    | 80.7           |   |   |   | 534,784       |   |   | 81.6           |   |   | 497,270       |   |   |  80.5  |   |   | 421,560       |   |   | 79.3           |   |
|    Selling,      general and      administrative      expenses      (1) |   |   | 78,974        |   | 11.4           |    |   |   | 78,957           |    | 11.5           |   |   |   | 67,720        |   |   | 10.3           |   |   | 64,812        |   |   | 10.5        |   |   | 61,174        |   |   | 11.5           |   |
|    Research      and development expenses                                                   |   |   | 18,306        |   | 2.6            |    |   |   | 15,896           |    | 2.3            |   |   |   | 15,873        |   |   | 2.4            |   |   | 17,092        |   |   | 2.8         |   |   | 19,063        |   |   | 3.6            |   |
|    Amortization      of intangible assets                                                   |   |   | 3,615         |   | 0.5            |    |   |   | 3,121            |    | 0.5            |   |   |   | 3,193         |   |   | 0.5            |   |   | 3,443         |   |   | 0.6         |   |   | 2,311         |   |   | 0.4            |   |
|   (Gain)/loss      on asset sales                                                                |   |   | (219          | )      | (0.1           | )  |   |   | 42               |    | 0.1            |   |   |   | (2,142        | )      |   | (0.3           | )      |   | (3,065        | )      |   | (0.5        | )      |   | (3,920        | )      |   | (0.7           | )      |
|    Restructuring      and impairment  charges                                          |   |   | 5,567         |   | 0.8            |    |   |   | 2,401            |    | 0.4            |   |   |   | 3,368         |   |   | 0.5            |   |   | —       |   |   | —     |   |   | —       |   |   | —        |   |
|    Operating      earnings                                                                  |   |   | 30,830        |   | 4.5            |    |   |   | 32,275           |    | 4.7            |   |   |   | 32,818        |   |   | 5.0            |   |   | 37,932        |   |   | 6.1         |   |   | 31,128        |   |   | 5.9            |   |
| Other      (expense)/income — net                                                               |   |   | (1,535        | )      | (0.2           | )  |   |   | 200              |    | 0.1            |   |   |   | (2,152        | )      |   | (0.3           | )      |   | (4,936        | )      |   | (0.8        | )      |   | (5,211        | )      |   | (1.0           | )      |
|    Earnings      before income taxes                                                        |   |   | 29,295        |   | 4.2            |    |   |   | 32,475           |    | 4.7            |   |   |   | 30,666        |   |   | 4.7            |   |   | 32,996        |   |   | 5.3         |   |   | 25,917        |   |   | 4.9            |   |
| Income      tax (benefit)/expense                                                                          |   |   | (591          | )      | (0.1           | )  |   |   | 7,063            |    | 1.0            |   |   |   | 6,469         |   |   | 1.0            |   |   | 12,240        |   |   | 2.0         |   |   | 5,961         |   |   | 1.1            |   |
|     Net      earnings                                                                  |   |   | 29,886        |   | 4.3            |    |   |   | 25,412           |    | 3.7            |   |   |   | 24,197        |   |   | 3.7            |   |   | 20,756        |   |   | 3.3         |   |   | 19,956        |   |   | 3.8            |   |
| Retained      earnings — beginning of Year                                                 |   |   | 336,548       |   |           |    |   |   | 315,370          |    |           |   |   |   | 295,478       |   |   |           |   |   | 279,064       |   |   |             |   |   | 263,430       |   |   |           |   |
| Dividends      declared                                                                                    |   |   | (4,043        | )      |           |    |   |   | (4,234           | )  |           |   |   |   | (4,305        | )      |   |           |   |   | (4,342        | )      |   |             |   |   | (4,322        | )      |   |           |   |
| Retained      earnings—end of year                                                                   |   | $      | 362,391       |   |           |    |   | $      | 336,548          |    |           |   |   | $      | 315,370       |   |   |           |   | $      | 295,478       |   |   |             |   | $      | 279,064       |   |   |           |   |
| Net      earnings per share:                                                                     |   |   |          |   |           |    |   |   |             |    |           |   |   |   |          |   |   |           |   |   |          |   |   |             |   |   |          |   |   |           |   |
| Basic:                                                                                                     |   | $      | 0.89          |   |           |    |   | $      | 0.72        |    |           |   |   | $      | 0.68          |   |   |           |   | $      | 0.57          |   |   |             |   | $      | 0.56          |   |   |           |   |
| Diluted:                                                                                                   |   | $      | 0.81          |   |           |    |   | $      | 0.66        |    |           |   |   | $      | 0.63          |   |   |           |   | $      | 0.53          |   |   |             |   | $      | 0.53          |   |   |           |   |
| Average      basic shares outstanding (000’s)                                                        |   |   | 33,728        |   |           |    |   |   | 35,498           |    |           |   |   |   | 35,826        |   |   |           |   |   | 36,307        |   |   |             |   |   | 35,910        |   |   |           |   |
| Average      diluted shares outstanding (000’s)                                                      |   |   | 37,864        |   |           |    |   |   | 39,970           |    |           |   |   |   | 40,228        |   |   |           |   |   | 40,960        |   |   |             |   |   | 38,893        |   |   |           |   |
| Cash      dividends per share                                                                              |   | $      | 0.12          |   |           |    |   | $      | 0.12             |    |           |   |   | $      | 0.12          |   |   |           |   | $      | 0.12          |   |   |             |   | $      | 0.12          |   |   |           |   |
| Capital      expenditures                                                                                  |   |   | 17,647        |   |           |    |   |   | 16,058           |    |           |   |   |   | 15,787        |   |   |           |   |   | 15,009        |   |   |             |   |   | 12,711        |   |   |           |   |
| Depreciation      and amortization                                                                         |   |   | 24,178        |   |           |    |   |   | 22,818           |    |           |   |   |   | 24,896        |   |   |           |   |   | 27,059        |   |   |             |   |   | 26,082        |   |   |           |   |
| Financial      Position at Year End                                                                        |   |   |          |   |           |    |   |   |             |    |           |   |   |   |          |   |   |           |   |   |          |   |   |             |   |   |          |   |   |           |   |
| Current      assets                                                                                        |   | $      | 225,842       |   |           |    |   | $      | 250,840          |    |           |   |   | $      | 227,620       |   |   |           |   | $      | 179,716       |   |   |             |   | $      | 204,146       |   |   |           |   |
| Current      liabilities                                                                                   |   |   | 113,241       |   |           |    |   |   | 128,919          |    |           |   |   |   | 125,681       |   |   |           |   |   | 121,323       |   |   |             |   |   | 102,961       |   |   |           |   |
| Current      ratio                                                                                         |   |   | 2.0      to 1 |   |           |    |   |   | 1.9      to 1    |    |           |   |   |   | 1.8      to 1 |   |   |           |   |   | 1.5      to 1 |   |   |             |   |   | 2.0      to 1 |   |   |           |   |
| Working      capital                                                                                       |   | $      | 112,601       |   |           |    |   | $      | 121,921          |    |           |   |   | $      | 101,939       |   |   |           |   | $      | 58,393        |   |   |             |   | $      | 101,185       |   |   |           |   |
| Inventories,      net                                                                                      |   |   | 70,867        |   |           |    |   |   | 73,778           |    |           |   |   |   | 60,543        |   |   |           |   |   | 60,629        |   |   |             |   |   | 42,734        |   |   |           |   |
| Net      property, plant and equipment                                                                |   |   | 90,756        |   |           |    |   |   | 92,825           |    |           |   |   |   | 96,468        |   |   |           |   |   | 109,653       |   |   |             |   |   | 112,495       |   |   |           |   |
| Total      assets                                                                                          |   |   | 488,455       |   |           |    |   |   | 543,692          |    |           |   |   |   | 527,833       |   |   |           |   |   | 533,829       |   |   |             |   |   | 522,177       |   |   |           |   |
| Short-term      notes payable                                                                              |   |   | −       |   |           |    |   |   | 1,000            |    |           |   |   |   | 5,425         |   |   |           |   |   | 13,299        |   |   |             |   |   | 3,311         |   |   |           |   |
| Long-term      debt                                                                                        |   |   | 80,500        |   |           |    |   |   | 72,000           |    |           |   |   |   | 60,821        |   |   |           |   |   | 68,457        |   |   |             |   |   | 94,150        |   |   |           |   |
| Long-term      obligations, including long-term               debt                     |   |   | 98,036        |   |           |    |   |   | 90,526           |    |           |   |   |   | 83,315        |   |   |           |   |   | 84,577        |   |   |             |   |   | 105,669       |   |   |           |   |
| Shareholders’      equity                                                                            |   |   | 277,178       |   |           |    |   |   | 324,247          |    |           |   |   |   | 319,023       |   |   |           |   |   | 328,093       |   |   |             |   |   | 310,704       |   |   |           |   |
| Common      shares outstanding (000’s)                                                               |   |   | 33,711        |   |           |    |   |   | 34,313           |    |           |   |   |   | 35,823        |   |   |           |   |   | 35,859        |   |   |             |   |   | 35,909        |   |   |           |   |
| Equity      (book value) per share                                                                         |   | $      | 8.22          |   |           |    |   | $      | 9.45             |    |           |   |   | $      | 8.91          |   |   |           |   | $      | 9.16          |   |   |             |   | $      | 8.65          |   |   |           |   |
|                                                                                                       |   |   |          |   |           |    |   |   |             |    |           |   |   |   |          |   |   |           |   |   |          |   |   |             |   |   |          |   |   |           |   |
| Stock      price range                                                                                     |   | $      | 13.81-4.53    |   |           |    |   | $      |  16.33-9.87 |    |           |   |   | $      | 16.23-11.06   |   |   |           |   | $      | 14.10-10.13   |   |   |             |   | $      | 15.85-9.90    |   |   |           |   |

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Table of Contents

Item7. 

| Item 7A. | Quantitative and      Qualitative Disclosures About MarketRisk |
|----------|----------------------------------------------------------------|

| Item 8. | Financial Statements      and Supplementary Data |
|---------|--------------------------------------------------|

Item9.

| Item 9A. | Controls and      Procedures |
|----------|------------------------------|

| Item 9B. | Other      Information |
|----------|------------------------|

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Table of Contents

PART III

| Item 10. | Directors, Executive      Officers and CorporateGovernance |
|----------|------------------------------------------------------------|

| Name                        | Age | Positions and      Offices                                                               |
|-----------------------------|-----|------------------------------------------------------------------------------------------|
| Vinod      M. Khilnani      | 56  | President      and Chief Executive Officer                                               |
| Donald      R. Schroeder    | 60  | Executive      Vice President and General Manager of CTS Electronic      Components      |
| Donna      L. Belusar       | 48  | Senior      Vice President and Chief Financial Officer                                   |
| H.      Tyler Buchanan      | 56  | Senior      Vice President, retired                                                      |
| James      L. Cummins       | 53  | Senior      Vice President Administration                                                |
| Bret      A. Robertson      | 49  | Senior      Vice President and General Manager of Electronic Manufacturing      Services |
| Richard      G. Cutter, III | 62  | Vice      President, General Counsel and Secretary                                       |
| Thomas      A. Kroll        | 54  | Vice      President and Controller                                                       |
| Matthew      W. Long        | 47  | Treasurer                                                                                |
| Mohan      S. Mahadevan     | 48  | Vice      President                                                                      |

|   | Vinod M. Khilnani – 56 –      President and Chief Executive Officer – was elected President and Chief      Executive Officer on July 2, 2007.  Prior to accepting this      position, Mr. Khilnani held the position of Senior Vice President and      Chief Financial Officer since 2001. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Donald R. Schroeder – 60      – Executive Vice President and General Manager of CTS Electronic      Components – was named Executive Vice President and General Manager of CTS      Electronic Components on January 1, 2009.  Prior to this, Mr.      Schroeder served as Executive Vice President and President of CTS      Electronics Manufacturing Services from February 2005.  From      December 2000 to February 2005, Mr. Schroeder served as Executive Vice      President and Chief Technology Officer.  He has held positions      of increasing responsibility with CTS since  1972. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Donna L. Belusar – 48-      Senior Vice President and Chief Financial Officer – joined CTS and was      elected Senior Vice President & Chief Financial Officer on January 21,      2008.  Prior to joining CTS, Ms. Belusar was Executive Vice      President of Finance, Global Financing Division of IBM Corporation, a      developer and manufacturer of information technologies such as computer      systems, software, networking systems, storage devices, and      microelectronics.  During her tenure at IBM, Ms. Belusar held      positions of increasing responsibility from 1982 until joining      CTS. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | H. Tyler Buchanan – 56 –      Senior Vice President – was elected Senior Vice President, effective      December 31, 2001.  Prior to this, Mr. Buchanan was Vice      President, and Vice President and General Manager, CTS Automotive      Products.  He has held positions of increasing responsibility      with CTS since 1977.  Mr. Buchanan retired from CTS on December      31, 2008. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | James L. Cummins – 53 –      Senior Vice President Administration – was elected Senior Vice President      Administration, effective December 31, 2001.  Prior to this, Mr.      Cummins was Vice President Human Resources since 1994.  He has      had positions of increasing responsibility with CTS since      1977. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Bret A. Robertson – 49 –      Senior Vice President and General Manager of CTS Electronics Manufacturing      Services – was elected Senior Vice President of CTS Electronics      Manufacturing Services effective January 1, 2009.  Prior to      this, Mr. Robertson held positions of increasing responsibility with CTS      since 2002. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Richard G. Cutter – 62 –      Vice President, Secretary and General Counsel – was elected Vice      President, Secretary and General Counsel effective December 31,      2001.  Prior to this, Mr. Cutter was Vice President, Assistant      Secretary and General Counsel. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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Table of Contents

|   | Thomas A. Kroll – 54 –      Vice President and Controller – was elected Vice President and Controller      on October 31, 2002.  Prior to this, Mr. Kroll served as      Controller Group Accounting since joining CTS in November      2000. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Matthew W. Long – 47 –      Treasurer – was elected Treasurer effective May, 2003.  From      December 2000 through May 2003, Mr. Long served as Assistant      Treasurer. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Mohan S. Mahadevan – 48      – Vice President – was elected Vice President of CTS Corporation effective      February 6, 2008.  Prior to joining CTS, Mr. Mahadevan worked      for EMC Corporation as the Six Sigma Program Management Director and for      Textron Inc where he held several positions of  importance. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Item 11. | Executive      Compensation |
|----------|-----------------------------|

| Item 12. | Security Ownership of      Certain Beneficial Owners and Management and Related Shareholder      Matters |
|----------|----------------------------------------------------------------------------------------------------------|

| Item 13. | Certain Relationships      and Related Transactions, and Director  Independence |
|----------|---------------------------------------------------------------------------------|

| Item 14. | Principal Accountant      Fees and Services |
|----------|---------------------------------------------|

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Table of Contents

| Item 15. | Exhibits, Financial      Statements Schedules |
|----------|-----------------------------------------------|

| (a)      (3) | Exhibits |
|--------------|----------|

| (3)(i) | Amended      and Restated Articles of Incorporation (incorporated  herein by      reference to Exhibit 5 to our Current Report on Form 8-K, filed with the      SEC on September 1, 1998). |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)(ii) | Amended      and Restated Bylaws (incorporated herein by reference to Exhibit 4 to our      Current Report on Form 8-K, filed with the SEC on September 1,      1998). |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(a) | Form      of Director and Officer Indemnification Agreement (incorporated herein by      reference to Exhibit 10.1 to our Current Report on Form 8-K, filed with      the SEC on November 12, 2008). |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(b) | CTS      Corporation 1988 Restricted Stock and Cash Bonus Plan, approved by the      shareholders on April 28, 1989, as amended and restated on May 9, 1997      (incorporated by reference to Exhibit (10)(e) to the Quarterly Report on      Form 10-Q for the quarter ended June 29, 1997, filed with the SEC on      August 12, 1997).* |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(c) | CTS      Corporation 1996 Stock Option Plan, approved by the shareholders on April      26, 1996, as amended and restated on May 9, 1997 (incorporated by      reference to Exhibit (10)(f) to the Quarterly Report on Form 10-Q for the      quarter ended June 29, 1997, filed with the SEC on August 12,      1997).* |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(d) | CTS      Corporation 2001 Stock Option Plan, approved by the shareholders on March      9, 2001 (incorporated by reference to Exhibit (10)(c) to the Quarterly      Report on Form 10-Q for the quarter ended April 1, 2001, filed with the      SEC on April 27, 2001).* |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(e) | CTS      Corporation Stock Retirement Plan for Non-Employee Directors, effective      April 30, 1990, as amended (incorporated by reference to Exhibit (10)(a)      to the Quarterly Report on Form 10-Q for the quarter ended March 30, 2003,      filed with the SEC on April 23,2003).* |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(f) | Amendment      to the CTS Corporation Stock Retirement Plan for Non-Employee Directors,      dated as of December 1, 2004 (incorporated by reference to Exhibit (10)(j)      to the Annual Report on Form 10-K for the year ended December 31, 2004,      filed with the SEC on March 4,2005). |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(g) | CTS      Corporation Pension Plan (formerly known as the CTS Corporation Salaried      Employees’ Pension Plan) (incorporated by reference to Exhibit (10)(t) to      the Annual Report on Form 10-K for the year ended December 31, 2002, filed      with the SEC on February 14,2003).* |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(h) | Amendments      to the CTS Corporation Pension Plan (formerly known as the CTS Corporation      Salaried Employees’ Pension Plan) (incorporated by reference to Exhibit      10(b) to the Quarterly Report on Form 10-Q for the quarter ended June 29,      2003, filed with the SEC on July 25,2003).* |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(i) | Purchase      Agreement, dated May 5, 2004, by and between CTS Corporation and Bear      Stearns & Co. Inc., as Initial Purchaser (incorporated by reference to      the Exhibit 1.1 to the Current Report on Form 8-K dated May 18, 2004,      filed with the SEC on May 19,2004). |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(j) | Indenture,      dated as of May 11, 2004, by and between CTS Corporation and Wells Fargo      Bank, N.A. as Trustee (incorporated by reference to the Exhibit 1.1 to the      Current Report on Form 8-K, filed with the SEC on May 19,      2004). |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(k) | CTS      Corporation 2004 Omnibus Long-term Incentive Plan and Incentive Stock      Option Agreement (incorporated by reference to the Exhibit 10(a) to the      Quarterly Report on Form 10-Q for the quarter ended September 26, 2004,      filed with the SEC on October 19,2004).* |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(l) | Employment      Agreement effective as of July 2, 2007, between the Company and Vinod M.      Khilnani, (incorporated by reference to Exhibit 10(a) to the Current      Report on Form 8-K, filed with the SEC on June 15,  2007).* |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (10)(m) | Prototype      Named Executive Officer Restricted Stock Unit Agreement (incorporated by      reference to Exhibit 10(a) to the Quarterly Report on Form 10-Q for the      quarter ended July 2, 2006, filed with the SEC on July 27,      2006.).* |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(n) | CTS      Corporation 2001 Stock Option Plan: Employee Stock Option Agreement, dated      October 1, 2001, as amended December 15, 2005 (incorporated by reference      to Exhibit 10(dd) to the Annual Report on Form 10-K filed with the SEC on      February 27, 2006).* |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(o) | Prototype      Executive Officer RSU Supplemental Agreement (incorporated by reference to      Exhibit 10(a) to the Quarterly Report on Form 10-Q for the quarter ended      July 2, 2006, filed with the SEC on July 27,  2006).* |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(p) | Amendments      to the CTS Corporation Pension Plan (incorporated by reference to Exhibit      10(q) to the Annual Report on Form 10-K for the year ended December 31,      2005, filed with the SEC on February 27,2006).* |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(q) | Amendments      to the CTS Corporation Pension Plan (incorporated by reference to Exhibit      10(a) to the Quarterly Report on Form 10-Q for the quarter ended April 2,      2006, filed with the SEC on April 26,2006).* |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(r) | Credit      Agreement, dated as of June 27, 2006, by and among CTS Corporation, the      Lenders named therein and Harris Trust and Savings Bank as L/C Issuer, and      Administrative Agent (incorporated by reference to Exhibit 10(a) to the      Current Report on Form 8-K, filed with the SEC on June 29,      2006).  |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(s) | First      Amendment and Waiver to Credit Agreement (incorporated by reference to      Exhibit 10(a) to the Current Report on Form 8-K, filed with the SEC on      March 16, 2007). |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(t) | Amendment      No. 1 to the CTS Corporation 2004 Omnibus Long-term Incentive Plan      (incorporated by reference to Exhibit 10(aa) to the Annual Report on Form      10-K filed with the SEC on May 15,2007).* |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(u) | Prototype      Non-employee Director Restricted Stock Unit Agreement (incorporated by      reference to Exhibit 10(aa) to the Annual Report on Form 10-K for the year      ended December 31, 2005, filed with the SEC on February 27,      2006).* |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(v) | CTS      Corporation Management Incentive Plan approved by the shareholders on June      28, 2007 (incorporated by      reference to Appendix A to the Proxy Statement for the 2007      Annual Meeting of Shareholders, filed with the      SEC on May 24, 2007).* |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(w) | Performance      Share Agreement between CTS Corporation and Vinod M. Khilnani, dated      August 1, 2007 (incorporated      by reference to Exhibit 10(a) to the Quarterly Report on      Form 10-Q for the quarter ended September      30, 2007, filed with the SEC on October 24,  2007).* |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(x)  | Prototype      Individual Excess Benefit Retirement Plan (incorporated by reference to      Exhibit 10(d) to the Quarterly      Report on Form 10-Q for the quarter ended September 30, 2007,      filed with the SEC on October      24, 2007). |
|---------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(y)  | Prototype      Change in Control Agreement first reported on Current Report Form 8-K on      December 5, 2007, and      attached herewith (incorporated by reference to Exhibit 10(hh)      to the Annual Report on Form 10-K filed with the SEC on February 28,      2008).* |
|---------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(z)  | Amendment      to Employment Agreement between CTS Corporation and Mr. Khilnani dated      December 3, 2007,      as attached herewith (incorporated by reference to Exhibit 10(ii)      to the Annual Report on Form 10-K filed with the SEC on February 28,      2008).*  |
|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(aa) | 2008      – 2009 Performance Restricted Stock Unit Plan (incorporated by reference      to Exhibit 10(a) to the Quarterly Report on Form 10-Q for the quarter      ended March 30, 2008, filed with the SEC on April 30,    2008).* |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (10)(bb) | Amendments      to the CTS Corporation Pension Plan (formerly known as the CTS Corporation      Salaried Employees’ Pension Plan).* |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------|

| (10)(cc) | CTS      Corporation Amended and Restated 2008 - 2009 Performance Restricted Stock      Unit Plan .* |
|----------|-----------------------------------------------------------------------------------------------------------|

| (13) | Portions      of the 2008 Annual Report to shareholders incorporated    herein. |
|------|---------------------------------------------------------------------------------|

| (21) | Subsidiaries. |
|------|---------------|

| (23)(a) | Consent      of Grant Thornton LLP. |
|---------|-------------------------------------|

| (31)(a) | Certification      pursuant to Section 302 of the Sarbanes-Oxley Act of  2002. |
|---------|--------------------------------------------------------------------------------|

| (31)(b) | Certification      pursuant to Section 302 of the Sarbanes-Oxley Act of  2002. |
|---------|--------------------------------------------------------------------------------|

| (32)(a) | Certification      pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of      the Sarbanes-Oxley Act of 2002. |
|---------|-----------------------------------------------------------------------------------------------------------------------------------|

| (32)(b) | Certification      pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of      the Sarbanes-Oxley Act of 2002. |
|---------|-----------------------------------------------------------------------------------------------------------------------------------|

| * |   | Management      contract or compensatory plan orarrangement. |
|---|--------|--------------------------------------------------------------|

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SIGNATURES

|                              |                                                                       |                           |
|-----------------------------------|----------------------------------------------------------------------------|--------------------------------|
|                              | CTS      Corporation                                                       |
|                         |                                                                  |                      |
| Date: February      23, 2009 | By:                                                              | /s/ Donna L.      Belusar |
|                              | Donna      L. BelusarSenior      Vice President and Chief FinancialOfficer |

|                              |                                                                                                      |                            |
|-----------------------------------|-----------------------------------------------------------------------------------------------------------|---------------------------------|
| Date: February      23, 2009 | By:                                                                                             | /s/ Vinod M.      Khilnani |
|                              | Vinod      M. KhilnaniPresident      and Chief Executive Officer  (Principal      Executive Officer) |
|                              |                                                                                                      |

|                              |                                                |                               |
|-----------------------------------|-----------------------------------------------------|------------------------------------|
| Date: February      23, 2009 | By:                                       | /s/ Roger R.      Hemminghaus |
|                              | Roger      R. HemminghausChairman      of the Board |

|                              |                          |                           |
|-----------------------------------|-------------------------------|--------------------------------|
| Date: February      23, 2009 | By:                 | /s/ Walter S.      Catlow |
|                              | Walter      S. CatlowDirector |

|                              |                             |                              |
|-----------------------------------|----------------------------------|-----------------------------------|
| Date: February      23, 2009 | By:                    | /s/ Lawrence J.      Ciancia |
|                              | Lawrence      J. CianciaDirector |

|                              |                        |                         |
|-----------------------------------|-----------------------------|------------------------------|
| Date: February      23, 2009 | By:               | /s/ Thomas G.      Cody |
|                              | Thomas      G. CodyDirector |

|                              |                                 |                                  |
|-----------------------------------|--------------------------------------|---------------------------------------|
| Date: February      23, 2009 | By:                        | /s/ Gerald H. Frieling,      Jr. |
|                              | Gerald      H. Frieling, Jr.Director |

|                              |                            |                             |
|-----------------------------------|---------------------------------|----------------------------------|
| Date: February      23, 2009 | By:                   | /s/ Michael A.      Henning |
|                              | Michael      A. HenningDirector |

|                         |                            |                             |
|------------------------------|---------------------------------|----------------------------------|
| Date:      February 23, 2009 | By:                   | /s/ Robert A.      Profusek |
|                         | Robert      A. ProfusekDirector |

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|                              |                             |                              |
|-----------------------------------|----------------------------------|-----------------------------------|
| Date: February      23, 2009 | By:                    | /s/ Patricia K.      Collawn |
|                              | Patricia      K. CollawnDirector |

|                              |                                                                                                          |                           |
|-----------------------------------|---------------------------------------------------------------------------------------------------------------|--------------------------------|
| Date: February      23, 2009 | By:                                                                                                 | /s/ Donna L.      Belusar |
|                              | Donna      L. BelusarSenior      Vice President and Chief Financial Officer(Principal      Financial Officer) |

|                              |                                                                                      |                          |
|-----------------------------------|-------------------------------------------------------------------------------------------|-------------------------------|
| Date: February      23, 2009 | By:                                                                             | /s/ Thomas A.      Kroll |
|                              | Thomas      A. KrollVice      President and Controller(Principal      Accounting Officer) |

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Table of Contents

|   | Consolidated      Statements of Earnings  - Years ended December 31, 2008,      December 31, 2007 and December 31,2006 |
|--------|----------------------------------------------------------------------------------------------------------------------------------|

|   | Consolidated      Balance Sheets - December 31, 2008 and December 31,  2007 |
|--------|-----------------------------------------------------------------------------|

|   | Consolidated      Statements of Cash Flows - Years ended December 31, 2008, December 31,      2007 and December 31, 2006 |
|--------|--------------------------------------------------------------------------------------------------------------------------|

|   | Consolidated      Statements of Shareholders’ Equity - Years ended December 31, 2008,      December 31, 2007 and December 31,2006 |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------|

|   | Notes      to consolidated financialstatements |
|--------|------------------------------------------------|

|   | Schedule      II – Valuation and QualifyingAccounts |
|--------|-----------------------------------------------------------|

|   | All      other schedules for which provision is made in the applicable accounting      regulations of the Securities and Exchange Commission have been omitted      because they are not applicable, not required or the information is      included in the consolidated financial statements or notes      thereto. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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|                                       |   |   |                                                   |   |
|--------------------------------------------|--------|--------|--------------------------------------------------------|--------|
| /s/      Vinod M. Khilnani                 |   |   | /s/      Donna L. Belusar                              |   |
| Vinod      M. Khilnani                     |   |   | Donna      L. Belusar                                  |   |
| President      and Chief Executive Officer |   |   | Senior      Vice President and Chief Financial Officer |   |

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