Incap Corporation announced on 20 February 2026 having closed the acquisition of Lacon Group, and Lacon Group is now a fully owned subsidiary of Incap Corporation. Lacon Group is an Electronics Manufacturing Services (EMS) and Original Design Manufacturer (ODM) company with facilities in Germany and Romania. Following the acquisition, Incap Corporation has appointed Dr. Ralf Hasler as the Director of Operations, Germany and Romania, and member of Incap Group’s Management Team as of 25 February 2026. In addition to his Management Team role, Ralf Hasler also holds position of the Managing Director of Incap Electronics Germany (Lacon Electronic GmbH).
“We are pleased to appoint Ralf Hasler as the member of Incap Group’s Management Team. Ralf brings over 20 years of experience as CEO and owner of Lacon Group, along with extensive expertise in various leadership and business development positions, providing a strong foundation to lead our German and Romanian operations as an independent unit within Incap Group,” said Otto Pukk, President and CEO of Incap Corporation.
As of 25 February 2026, the members of Incap Corporation’s Management Team are President and CEO, Otto Pukk; CFO, Antti Pynnönen; Director of Operations, India and Sales APAC, Murthy Munipalli; Director of Operations, Estonia, Margus Jakobson; Director of Operations, Slovakia, Miroslav Michalik; Director of Operations, UK, Jamie Maughan; Director of Operations, US, David Spehar; and Director of Operations, Germany and Romania, Ralf Hasler.
CRANSTON, RI — February 2026 — Federal Electronics, a leader in providing advanced electronic manufacturing services, has expanded its manufacturing capacity with the addition of an additional printed circuit board assembly (PCBA) line at its Hermosillo, Mexico facility. The expansion supports growing customer demand and increases nearshore capacity for high-reliability electronics programs.
Federal Electronics’ Hermosillo facility plays a central role in the company’s North American manufacturing network, offering proximity to key customers, a skilled workforce, and infrastructure designed to support demanding applications. Adding another PCBA line allows customers to scale production within the same regional footprint while maintaining consistent processes, quality controls, and program oversight.
Established in 2010, the Hermosillo operation employs more than 350 professionals and provides cost-effective, nearshore manufacturing for OEMs across the U.S. and Mexico. The facility is fully integrated with Federal Electronics’ headquarters in Cranston, Rhode Island, through a centralized IT and ERP system, ensuring aligned workflows, traceability, and quality standards across both locations.
With this additional PCBA line, Federal Electronics offers customers greater flexibility in managing volume, lead times, and program complexity while preserving the manufacturing discipline required for high-reliability markets.
“Adding this new PCBA line in Hermosillo gives our customers more room to grow while keeping their programs close to home,” said Ed Evangelista, President of Federal Electronics. “It’s about giving them flexibility and reliability without adding complexity.”
Founded in 1961, Federal Electronics provides printed circuit board assembly, electromechanical integration, and system-level builds for OEMs with complex, low- to mid-volume programs.
For more information about Federal Electronics and its manufacturing capabilities, visit www.federalelec.com or contact sales@federalelec.com.
For more information on Federal Electronics and its manufacturing capabilities, visit www.federalelec.com or contact sales@federalelec.com.
In April 2026, a Guadalajara-based electronics firm installed an I.C.T selective conformal coating system, supported by on-site engineering from China, achieving reduced rework, material savings, and consistent protection for automotive-grade boards.
A contract electronics manufacturer in Mexico recently completed installation of an I.C.T automated selective conformal coating line to address inconsistent manual application on complex PCBA assemblies. The project, finalized in spring 2024, included three weeks of hands-on training by I.C.T engineer Andy. More details About the case:https://smtmachineline.com/selecting-conformal-coating-machine-key-factors-guide/
The customer produces boards for automotive and industrial controls, facing challenges from coastal humidity and dense component layouts requiring precise keep-out zones. Manual spraying led to variable thickness, adhesion issues, and rework rates nearing 15%.
After evaluating options, the firm selected I.C.T's system for its robotic dispensing accuracy (0.01 mm resolution) and compatibility with acrylic, urethane, and silicone coatings across typical thickness ranges. On-site commissioning covered programming, nozzle calibration, fume management, and daily maintenance routines.
Learn more about the coating machine: https://smtmachineline.com/automated-selective-conformal-coating-line/
Post-installation data showed masking labor reduced by approximately 70%, material consumption down 85-90% via selective paths, and overall rejects below 3%. Operators now handle higher volumes with fewer errors, aided by barcode-triggered recipes and self-clean cycles.
I.C.T provided ongoing remote support, reinforcing the five-year warranty on major components. The installation aligns with industry standards such as IPC-A-610 and IPC-CC-830, ensuring compliance for end-use environments.
KUALA LUMPUR, Feb 19 (Bernama) -- Cape EMS Berhad (“Cape EMS” or “the Group”) has unveiled its strategic transformation roadmap, dubbed “CEB 2.0,” aimed at repositioning the Group from a traditional electronics manufacturing services (EMS) provider into a high-value technology and infrastructure partner.
The strategic pivot is designed to build long-term earnings resilience and restore market confidence by moving beyond conventional “box-build” assembly into engineering-led, infrastructure-linked, and solution-based offerings.
Managing Director and Group Chief Executive Officer, Christina Tee Kim Chin, stated that the shift represents a fundamental upgrade in the Group’s business model.
“Cape 1.0 was about scale. CEB 2.0 is about value,” she said. “We are transitioning from hardware-centric manufacturing towards engineering integration, intelligent manufacturing networks, and clean-energy infrastructure.”
Four Strategic Pillars The transformation is anchored on four key business pillars: EMS, Battery Energy Storage Systems (BESS), Wireless IoT, and Intelligent Manufacturing Network (IMN).
Central to this strategy is the IMN, driven by the Group’s US-based subsidiary iConn Inc. The division operates a ‘virtual plant’ model that facilitates distributed, AI-optimised production across multiple geographies. This approach allows Cape EMS to mitigate tariff exposure, adapt to geopolitical shifts, and support multinational customers pursuing “China+1” supply-chain diversification strategies.
Capitalising on Johor’s Data Centre Boom Concurrently, the Group is expanding into the BESS and renewable energy infrastructure space through its subsidiary, Cape Renewables, in partnership with Shanghai Sermatec Energy Technology Co. Ltd.
The initiative involves the localisation of BESS assembly and lifecycle support in Johor, aligning with Malaysia’s National Energy Transition Roadmap (NETR). This positions Cape EMS to serve the rising demand from data centres and industrial operators seeking energy reliability.
Tee noted that Johor’s emergence as the nation’s primary data centre hub, coupled with the momentum of the Johor-Singapore Special Economic Zone (JS-SEZ), provides significant strategic tailwinds.
“Cape EMS is positioning itself as a critical infrastructure partner supporting energy resilience, smart mobility, and digital infrastructure operations within this high-growth corridor,” she added.
To support this ecosystem, the Group has entered into a strategic collaboration with Engytech Engineering Services to build digital infrastructure operation and maintenance capabilities. Plans are also underway to establish a Data Centre Academy in Johor to address talent shortages in mission-critical facilities, supporting the New Industrial Master Plan (NIMP) 2030 goals.
Focus on Quality Growth From a capital markets perspective, the Board has outlined a priority over the next 12 to 24 months to demonstrate consistent profitability and disciplined execution. The Group views its return to profitability in the first quarter of FY2026 as a baseline for sustainable performance.
“We are focused on sustainable margin improvement, prudent capital deployment, and transparent engagement with investors. We are not chasing growth for growth’s sake — we are pursuing quality growth,” Tee emphasised.
By operating at the intersection of advanced manufacturing, clean energy, and digital infrastructure, Cape EMS aims to build a more resilient, infrastructure-linked earnings profile moving forward.
Atlanta — Following the Supreme Court's invalidation of IEEPA-based tariffs and implementation of new Section 122 global tariffs of 10-15%, the Electronic Components Industry Association (ECIA) is urging policy makers to prioritize stability and transparency in trade regulations to support the complex electronics supply chain.
"The electronics supply chain operates on relatively thin margins and requires predictable business conditions to function effectively," said David Loftus, President & CEO of ECIA. "While we adapt to new tariff structures, the constant volatility creates substantial operational and financial strain throughout our industry. Our manufacturers and authorized distribution channel need stability to serve customers reliably and maintain the working capital necessary for a healthy supply chain."
The rapid succession of tariff changes has created significant challenges for our manufacturers, and especially for their electronics distributors who serve as the critical link between global manufacturers and thousands of domestic customers.
Key pressure points include:
"Our industry thrives on innovation and speed to market," Loftus continued. "Regulatory instability undermines both. We need consistent tariff classifications, transparent landed cost information from importers of record, and streamlined duty recovery processes to maintain supply chain reliability."
ECIA represents the full spectrum of companies in the electronics components supply chain.
Learn more about tariffs.
CYPRESS, CALIFORNIA – February 2026 – Hanwha Semitech Americas announced the appointment of Marin Coronado Mendoza as General Manager of Hanwha Semitech Mexico, where he will lead the company’s operations, sales, and customer support across the region.
Based in Guadalajara, Marin Coronado brings more than 25 years of experience in electronics manufacturing, surface mount technology (SMT), and capital equipment leadership in Mexico and the United States. In his new role, he will focus on strengthening Hanwha Semitech’s presence in Mexico, supporting manufacturers with local expertise, and expanding regional service and sales capabilities.
Prior to joining Hanwha Semitech, Marin Coronado served as Mexico North Territory Sales Manager at ASMPT USA SMT, where he managed sales operations across Northern Mexico, supporting more than 80 customer accounts. During his tenure, he drove multimillion-dollar capital equipment sales, led cross-border logistics and technical support efforts, and worked closely with customers on equipment evaluations, demonstrations, and long-term production strategies.
Earlier in his career, he spent over 12 years as General Manager for ASM Assembly Systems Mexico, overseeing national operations, engineering, sales, service, and full P&L responsibility. Under his leadership, ASM expanded its market presence in Mexico and strengthened customer relationships across high-volume and high-reliability manufacturing sectors. His background also includes engineering manager and leadership roles at Sanmina and Siemens Siplace, where he began his career as a field service engineer and technical support.
Marin Coronado holds a degree in Electrical and Electronic Engineering from the Universidad de Guadalajara.
“Mexico continues to be a critical manufacturing hub for electronics and advanced assembly,” said Marin Coronado, General Manager of Hanwha Semitech Mexico. “I’m excited to work closely with our customers and partners to support their production goals with the speed, service, and technical depth they expect from Hanwha.”
Hanwha Semitech Americas provides advanced SMT placement systems, automation solutions, and smart factory technologies to electronics manufacturers worldwide, supporting applications across automotive, industrial, medical, aerospace, and high-reliability markets.
For more information about Hanwha Semitech, visit www.hanwhasemitech.com/en/
About Hanwha Semitech Americas:
Hanwha Semitech Americas is a leading global provider of precision manufacturing and technology solutions. Renowned for its innovative approach and cutting-edge technology, Hanwha Techwin is committed to driving advancements in the electronic manufacturing industry, supporting manufacturers worldwide in their pursuit of global competitiveness.