NORTH SYRACUSE, NY – ICM Controls has been classified as an essential service provider by New York State and granted exemption status and is therefore “not subject to the required 100% workforce reduction [mandate]” pursuant to the governor’s revised executive order.
PENANG – Frencken Group has temporarily closed all its factories in Malaysia to adhere to a nationwide government order for all business premises to close Mar. 18-31, except those providing essential services.
BEAUPREAU-EN-MAUGES, FRANCE – Lacroix Group is part of a group investing €25 million (US$26.7 million) to establish a 16,000 sq. m. smart factory here. The new plant will feature six production lines, including one exclusively dedicated to large automated production runs, and is expected to be fully operational by the end of 2021.
SAN MATEO, CA – As a result of the spread of Covid-19, there is nearly an 80% chance for significant contraction in worldwide semiconductor revenues in 2020, instead of a previously expected minor overall growth of 2%, according to a new report from International Data Corp.