ROLLING MEADOWS, IL – BEST Inc. has started a custom ESD insert cutting program. These inserts are designed to protect high-valued PCBs or electronic components from shipping damage during the design phase prior to the board and packaging design being finalized.
LOUISVILLE, KY – Sypris Electronics reported fourth quarter revenue increased 72.4% year-over-year to $7 million.
ALPHARETTA, GA – Chemence purchased the electronics adhesive business and technology of Supreme Recourses for an undisclosed sum.
NEVADA CITY, CA – The worldwide merchant embedded computing market is expected to grow to $505.1 billion by 2022, up from $390.2 billion in 2017, an increase of 29.4%, according to New Venture Research.
MILPITAS, CA – KLA-Tencor has entered into a definitive agreement to acquire Orbotech in a cash and stock deal valued at approximately $3.4 billion.
TALLINN, ESTONIA – Eolane’s Estonia operations is moving into a new building here, where approximately 300 new jobs are expected to be created during the next few years, according to published reports.
MARION, IA – Timberline Manufacturing plans to double its production space here and add 56 employees within the next three years to add to its current staff of 165. The company expects to spend $12.8 million on the project.
SAN JOSE – Flex will lay off more than 50 workers at its plant here due to what it calls the “present state” of business.
ST. PETERSBURG, FL – Jabil reported fiscal second quarter net revenue of $5.3 billion, an increase of 19.1% year-over-year.
ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal third quarter revenue of $65.7 million, up 5.6% year-over-year.
BENGALURU, INDIA – Wistron plans to invest some $106.4 million to acquire additional land near here, according to published reports.
CRAMLINGTON, NORTHUMBERLAND, UK -- Hindley Circuits has acquired Magnum Electronics for an undisclosed sum.