SALEM, NH – Micro-Precision Technologies has acquired Stellar Manufacturing, adding PCB assembly capabilities to its US micro-electronics platform. The deal, which closed in early October, builds on MPT’s partnership with Great River Capital Partners and supports its expansion across defense, aerospace, medical and commercial markets.

HELSINKI – Incap Corporation has signed an agreement to acquire 100% of Germany’s Lacon Group in a transaction valued at $54.2 million, marking an expansion of the Finnish EMS provider’s presence in Europe and growing its position in fast-growing defense and industrial markets.

MILPITAS, CA – SEMI reported that global semiconductor equipment billings rose 11% year-over-year to $33.66 billion in the third quarter, with a 2% sequential increase driven by continued investment in leading-edge logic, DRAM and advanced packaging technologies supporting AI workloads.

WASHINGTON, DC – The US China Economic & Security Review Commission recently released its 2025 Report to Congress. The report cites the fact that decades of offshoring printed circuit board ( PCB) manufacturing caused US capacity to plummet from 30 percent of the world supply in 2000 to only 4 percent today. Semiconductors, whether they are used for national defense, critical infrastructure or commercial systems, all must be mounted on a PCB.