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KYOTO, JAPAN – Nidec will acquire Omron Automotive Electronics via a stock purchase agreement for an undisclosed sum.

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DULUTH, GA – Elemaster US invested $3 million on an electronic equipment design and manufacturing facility here. The facility will assemble PCBs and turnkey products for rail, transit, medical and industrial industries.

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DEARBORN, MI – Registration is open for the 2nd Annual eSMART Factory Conference, taking place here June 20-21.

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SELBYVILLE, DE – The worldwide market for electronics manufacturing services is expected to grow at a CAGR of roughly 4.1% over the next five years, reaching $55 billion in 2024, says Market Study Report.

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MADISON, WI – Governor Tony Evers is considering renegotiating Wisconsin’s agreement with Foxconn, according to reports. Evers says the deal may need to be downsized.

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STAMFORD, CT – Worldwide IT spending is projected to total $3.8 trillion in 2019, an increase of 1.1% from 2018, according to Gartner.

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