MILWAUKEE, WI – Milwaukee Electronics appointed Jered Stoehr to chief executive officer, succeeding his father P. Michael Stoehr, who will serve in the role of executive chairman.
SOFIA, BULGARIA – Sanmina purchased Osram’s plant here for the production of digital lighting components, according to reports.
GLENVIEW, IL – Illinois Tool Works reported its test & measurement and electronics unit had fourth quarter revenue of $534 million, down 3.3% year-over-year. Operating income for the segment was $153 million, a decrease of 1.3% compared to the same quarter in 2019.