The global tin market faces a deficit, driven by heightened demand from the electronics sector, where tin is used for circuit board manufacturing while the total volume of metal production was insufficient. Consequently, tin prices peaked at $39,159 per tonne in November 2021, soaring by 79% from the beginning of that year. According to October World Bank’s forecast, the average annual tin price should drop from an expected $31,250 per tonne in 2021 to $31,000 per tonne in 2022.

COLORADO SPRINGS, CO — January 2022 — Virtual Industries Inc., a leading supplier of manual vacuum handling solutions, is pleased to announce its 35th year in business. Founded in 1987, Virtual Industries is headquartered in Colorado Springs. The company has agents and distributors in more than 60 countries and serves customers in nearly 200 countries. More than a third of Virtual Industries’ sales come from outside the United States.

Shingle Springs, CA — January 2022 — PDR, a leading manufacturer of BGA rework systems, test and X-ray inspection systems since 1985, is pleased to announce that 2022 marks the 35-year anniversary of the development of the first pioneering IR system. 30 years and 4500 installed IR Rework Systems later, PDR has grown to offer a world-class global sales and support network through its alliance partners.

San Diego — January 2022 — KIC is well-known as the market and innovation leader in solutions for reflow and wave soldering process management. Going into its 45th year as the pioneer in thermal process monitoring, KIC looks forward to the next decade and further innovations.