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HAUPPAUGE, NY – Orbic Electronics, through its affiliate Ashi Properties, has purchased a 27,000 sq. ft. building and and three acres of land here for $6.6 million as part of its plan to move manufacturing from China to the US.

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VINH PHUC, VIETNAM – Ibase Technology has broken ground on a new manufacturing facility here, with plans to begin operations in early 2025.

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SAINT HERBLAIN, FRANCE – Lacroix announced record annual revenue of EUR761.2 million ($826.7 million), up 7.5% from 2022's total.

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