KEMPELE, FINLAND -- The electronics manufacturing division of PKC Group could lay off up to 80 workers as part of a cost-cutting move to better compete with lower-cost regions.
SAN FRANCISCO -- Fabrinet has entered into a facility agreement to borrow $30 million to construct an electronics manufacturing plant in Klongneung, Thailand.
INGOLSTADT, GERMANY – Zestron president Dr. Harald Wack has been named to run Dr. O.K. Wack Chemie, the parent company.
Wack’s father, Dr. Oskar Wack, founded the precision cleaning company in his garage in 1975. The business then expanded into electronics cleaning, and Zestron was formed. Headquartered outside Munich, the firm now operates technical centers in Ingolstadt; Manassas, VA; Kulim, Malaysia; and Shanghai. O.K. Wack focuses on automotive cleaning products.
In addition, Michael McCutchen has been promoted to vice president of Zestron Americas and South Asia, and Christine Demetz is now operations manager. Dr. Harald Wack has assumed the role of president for both firms, and will be based in Europe.