SAN DIEGO, CA – Tide Rock, a San Diego-based unlevered buyout firm, has announced the acquisition of Pro-Active Engineering, an EMS solutions provider for the military & defense, industrial, medical, renewable energy and aerospace sectors.
JASPER, IN – Kimball Electronics has announced the death of longtime chairman and CEO Don Charron.
TOKYO – Kaga Electronics will build a new factory in Mexico to meet customers' growing needs in the US market.
NEVADA CITY, CA – The worldwide contract manufacturing market reached a new all-time high of $694.4 billion in 2022, but the year-over-year growth rate went flat from the previous year and decreased from 14.8% to 1.7% – the lowest growth seen over the last five-year period, according to New Venture Research's report, The Worldwide Electronics Manufacturing Services Market – 2023 Edition.
MILPITAS, CA – With sequential IC sales declines beginning to moderate, the global semiconductor industry appears to be nearing the end of a downcycle and is expected to begin to recover in 2024, SEMI and TechInsights reported in the Semiconductor Manufacturing Monitor.
VEJLE, DENMARK – GPV reported record second-quarter revenue of DKK2.7 billion ($396.3 million) and revenue of DKK 5.4 billion ($792.6 million) for the first half of the year – an increase of 151% compared to the first half of 2022.
Press Releases
- Stannol Welcomes James Wertin as Director of Technical Sales and Solutions – North America; Thomas Ruch Comments
- APE, Automated Production Equipment, Marks 56-year Milestone
- Kitron Signs Multi-Year Agreement for Advanced Sensor Manufacturing in Europe; Kristoffer Asklöv Comments
- Scanfil Boosts Investment in Electronics Manufacturing in the US; Christophe Sut Comments