NEWBRIDGE, SOUTH WALES – Axiom Manufacturing Services topped £2 million in sales last month,
putting the electronics manufacturing services firm on a run rate of £21.5
million.
The company employs 220 people at its 28,000 sq. meter plant.
VELIKO TURNOVO, BULGARIA -- SVA Group, a top Chinese consumer electronics manufacturer, opened its first plant in Europe. The factory will build televisions and has capacity to produce over 100,000 sets per year.
The company has to date invested more than $1.1 million on its four lines, and will spend another $700,000 to add another line, according to published reports.
POULTNEY — Contract electronics manufacturer Vermont Electro-Mechanical Assembly Services (AVEMAS) will move its manufacturing operations by next year
The firm will make the move with help in part from a $600,000 loan from the Vermont Economic Development Authority. The funds will go toward renovating an old pump-making factory.
The company currently employs 48 workers in Middlebury, VT, and plans to add six to 10 jobs within three years.
Its customer base is 70% industrial, plus some medical and military customers.