News
DOUARNENEZ, FRANCE – The French government is offering one million euros in interest-free loans to entities that would take over and reestablish Asteel Flash's recently closed manufacturing site here.
Asteel closed the factory Sept. 4 and laid off the last of the 134 employees.
According to Ouest France, Finistere prefect Pascal Mailhos announced the free loans would be available to companies of Cornwall interested in reindustrializing the site.
HAVERHILL, MA – Lightspeed Manufacturing, a privately held EMS and rework specialist, has relocated to a larger facility.
AUSTIN – Contract electronics manufacturer Kodiak Assembly Solutions will relocate to a 42,000 sq. ft. facility in Austin, the company announced. The new plant is about 50% larger than the current one, also in Austin.
The firm expects to add about 20 employees to its current employee base of 60 during the next year or two.
Kodiak, which was launched in 2004 out of another company’s bankruptcy, is expected to be running in its new location Jan. 4.
Press Releases
- PEMTRON to Showcase Cutting-Edge Inspection Systems at Kyushu Semiconductor Industry 2024
- SP Manufacturing to Highlight Its Decades of Medical Manufacturing Experience at MMA 2024
- Amtech Unveils Cutting-Edge AI Integration to Revolutionize Customer Solutions
- VS Industry Secures New Orders In The Philippines With Expected Revenue Of RM1.5 Bil