CLEVELAND, OH – Libra Industries and Gemcity Engineering & Manufacturing have merged and will operate as Libra Industries going forward.
FRAMINGHAM, MA – Continued end-user demand, proliferation of devices, and declining average selling prices will propel the worldwide wearables market in the years to come, according to International Data Corp.
ST. PETERSBURG, FL – Jabil reported fiscal first quarter net revenue of $7.5 billion, up 15.4% year-over-year.
BANNOCKBURN, IL — The following statement can be attributed to John Mitchell, IPC president and CEO: “The electronics manufacturing industry welcomes the announcement that the US and China have agreed to a ‘phase one’ trade deal bolstering enforcement of China's intellectual property laws and rolling back or postponing retaliatory tariffs on thousands of goods traded between them.
AUSTIN, TX – Virtex has acquired fellow EMS Precision Technology (PTI) for an undisclosed sum.
ST. PETERSBURG, FL – After weathering tumultuous tides of volatility over the past few years, 2020 is shaping up to be a better year for supply chain managers, thanks to increased market predictability, especially for sourcing materials, according to Jabil.
DA NANG, VIETNAM – Keytronic has started shipping product from its new manufacturing facility here.
PARIS -- Asteelflash has signed a deal to be acquired by Universal Scientific Industrial by next September.
WESTLAKE, OH – Nordson reported fiscal fourth quarter sales were $585.5 million, up 2.8% year-over-year.
POIPET CITY, CAMBODIA – Sumitronics Manufacturing (Cambodia) launched operations in Poipet PPSEZ. The firm previously reached a land lease deal in April 2018.
WASHINGTON —The chief executive of the US Chamber of Commerce today expressed reservations over the failure to include sought-after intellectual property protections in the latest United States-Mexico-Canada trade agreement.
BANGKOK – Cal-Comp Electronics is reimbursing some 10,000 workers who were illegally charged recruitment fees, according to reports. The repayments could total an estimated $10 million.