News
WATERTOWN, SD – OEM Worldwide today announced a four-year $11 million expansion that could add up to 150 new jobs.
The electronics contract manufacturer has completed its first phase, a 50,000 sq. ft. expansion to its facility here. Future plans include upgrading and replacing the company’s automated printed circuit board assembly equipment.
OEM specializes in high-mix, low-to-medium volume PCB assemblies and higher-level assembly for precision products in medical, communications and industrial applications.
The firm anticipates expanding into military/aerospace and smart grid markets, and will add 150 new jobs.
BANNOCKBURN, IL – After a big 2010, printed circuit board production in the Americas is expected to grow 2.5% in 2011, IPC said.
IPC based its forecast on a sample of 40 North American PCB manufacturers with an aggregate $2.3 billion in total sales, accounting for approximately 55% of the North American market.
Last year, North American rigid PCB sales rose 18%, while flexible PCB sales grew 16%. Production increased 6.9% in North America.
NEW YORK – A new study of nearly 1,200 high-tech companies sheds new light on the likely rationale for big, recently announced deals, including Google’s bid to acquire Motorola Mobility Holdings, AT&T’s offer to acquire T-Mobile USA, and Hewlett-Packard’s potential divestiture of its PC business.
