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TORONTO – Contract manufacturer Celestica is laying off 44 workers at its Silicon Valley facilities.

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BANNOCKBURN, IL – Some 75% of electronics manufacturers are experiencing rising material costs, while 74% indicate that labor costs are on the rise, according to IPC’s January Sentiment of the Global Electronics Manufacturing Supply Chain report. At the same time, profit margins, inventory from suppliers and ease of recruitment are presently declining, though ease of recruitment is rising at a faster pace in APAC and Europe than in North America.

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GLENVIEW, IL – ITW's Test & Measurement and Electronics segment saw $732 million in revenue for the fourth quarter, marking a 10% increase from the fourth quarter of 2021.

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