BAC GIANG, VIETNAM – Vietnam awarded a license to Foxconn to build a $270 million plant to produce laptops and tablets here, according to reports.
ST. PETERSBURG, FL – Jabil acquired Ecologic Brands, provider of sustainable packaging, specializing in paper bottle and paper-based packaging. Ecologic will join the Jabil Packaging Solutions division.
SINGAPORE – Electronics manufacturing company AEM Holdings has launched a S$99.7 million (US$75.2 million) bid for contract manufacturer CEI. AEM plans to delist CEI from the Singapore Exchange and take it private.
WASHINGTON – The US Department of Energy’s Office of Energy Efficiency and Renewable Energy announced approximately $123.6 million in new funding, as well as $44.7 million of cost share, for 46 projects in 23 states to stimulate technology innovation, improve the energy productivity of American manufacturing, and enable the manufacturing of cutting-edge products in the US.
PITTSBURGH – Intervala has signed a long-term lease finalizing the relocation of its corporate headquarters and EMS manufacturing operation in Westmoreland County, PA.
HAUPPAUGE, NY – Orbit International’s Electronics Group reported fourth quarter orders in excess of $3 million. Deliveries for certain of these orders have already commenced and are expected to continue through the second quarter of 2022.