LONDON – Intel will not abandon manufacturing, despite pressures from investors, according to GlobalData. The firm will, instead, continue its hybrid manufacturing strategy to maintain the advantage of manufacturing on US soil.
NEENAH, WI – Plexus reported fiscal first quarter revenue of $830.4 million, down 2.6% year-over-year and 9.1% sequentially.
MANASSAS, VA – Zestron and GEN3 Systems are collaborating on a new test service in the US to help develop objective evidence required by the latest release of IPC-J-STD-001H.
GLENVIEW, IL – Illinois Tool Works and Amphenol have entered into an agreement under which ITW will acquire MTS Systems’ Test & Simulation business, following the closing of Amphenol’s acquisition of MTS.
BANNOCKBURN, IL — IndustryWeek’s editor in chief Travis Hessman will keynote IPC Apex Expo 2021.
CHIHUAHUA, MEXICO – SMTC will expand its electronics manufacturing services campus here and close its operations in Fresnillo, Mexico, the company said in a regulatory filing. The EMS company will take about $5.5 million in one-time charges as result of the consolidation.