Incap keeps investing in India - third factory on the horizon
The EMS provider has made a decision to invest in a third factory in Tumkur, Karnataka in India. The construction is scheduled to start in the third quarter of 2021, and the opening of the new factory is currently planned to take place in the second quarter of 2022.
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Syntronic continues to grow in Canada - expands to Montreal
Swedish design house Syntronic is reinforcing its presence in Canada by expanding into the city of Montreal. The company's first Canadian office based in Ottawa recently embarked on a substantial recruitment drive due to the increasingly high demand from North American customers. The Montreal expansion forms part of a strategy to offer customers service with greater proximity.
GPV kicks off 2021 with a solid performance
Danish EMS provider GPV just finished up its first quarter of 2021 and delivered record results. With a solid start to 2021 the company has set the tone for the remainder of the year.
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Mahle expands in Chinese – opens development centre
In late April, around 70 engineers moved into Mahle's brand new Electronics and Mechatronics Development Center in the city of Changshu in China. These engineers will focus on developing solutions for alternative drives and expand the company's expertise in electric powertrains as well as electronics and mechatronics.
Sanmina reports solid quarter despite supply chain challenges
The EMS provider is reporting second-quarter net income of USD 47 million, as compared to USD 4.88 million during the same period a year ago.
Richardson inks manufacturing and distribution deal with BSE
Richardson Electronics, has entered into an exclusive manufacturing and global distribution agreement with Battery Street Energy (BSE) to manufacture ultracapacitor-based engine start modules for use in various markets and applications including the wireless telecom industry and in critical facilities.
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German EMS provider takes over Dutch Semecs
German EMS provider SERO GmbH has taken over Semecs, a Dutch electronics manufacturer with a production site in Slovakia – with a turnover of approximately EUR 70 million and about 460 employees – an engineering center in the Netherlands and sales offices in Germany and Denmark.
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CML Group and CIA Group Holdings, both global leaders in Printed Circuit Board (PCB) manufacturing, sourcing and supply solutions, announce the completion of a merger agreement effective April 30th, 2021.
Intervala acquires Ohio electronics business from NEOTech
EMS provider Intervala has acquired certain assets of NEOTech Inc.’s manufacturing business in Mason, Ohio. The acquisition expands Intervala’s global customer base through the addition of several customers in the medical device and industrial markets.
BMW invests in solid-state startup
Solid Power, a producer of all solid-state batteries for electric vehicles, has raised USD 130 million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies.
Fineline expands global team to support business growth
Fineline has employed more than 20 new team members in Q1/2021. The new employees are taking on a number of different roles across all regions and all levels of the Fineline business.
Manz AG receives notification of funding of €70 million
Manz AG has received official notification from the German Federal Ministry for Economic Affairs and Energy (BMWi) and the Baden-Wuerttemberg State Ministry of Economics for funding in the amount of approximately EUR 70 million.
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VW starts construction of new electric car plant in China
The German auto-giant has started the construction of an all-new MEB plant at Volkswagen Anhui recently. The new plant will be the third of the group’s pure-electric vehicle manufacturing facilities in China, following completion of the Anting (SAIC VW) and Foshan (FAW-VW) plants.
Jabil opens healthcare facility in the Dominican Republic
Jabil is officially opening its newly constructed healthcare manufacturing facility in the Dominican Republic. The new site features over 60'000 square feet of manufacturing space in Bajos de Haina’s PIISA Industrial Park, part of the area’s fast-growing free trade zone.
Norbit certified to supply medical devices
Norwegian electronics manufacturer Norbit, has successfully achieved ISO 13485 certification at its factory in Selbu, Norway, for the manufacturing and assembly of electronic products and modules for the medical device industry.
Neways receives indicative proposal of acquisition
Dutch EMS provider, Neways Electronics, has received an offer from VDL Groep B.V. to acquire all outstanding shares in the capital of Neways.
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Brooks to acquire Precise Automation
Brooks Automation has entered a definitive agreement to acquire Precise Automation, Inc., a developer of collaborative robots and automation subsytems headquartered in Fremont, California.
Kyungshin Cable opens factory in Serbia
The South Korean cable manufacturer has officially open its new production plant, which will produce battery components for high-tech electric vehicles, in the Municipality of Smederevska Palanka in Serbia.
Vanilla completes acquisition of Bela Electronic Designs
Vanilla Electronics, based in Norfolk, UK, has completed its first acquisition – adding the electronics manufacturing services business, Bela Electronic Designs Ltd. to its ranks.
Connect Group to acquire IKOR
Belgian EMS provider, Connect Group has entered into an agreement to acquire IKOR, a Spanish EMS provider with operations in its home country as well as Mexico and China.
Leoni expands robotics business with new Japanese partner
Leoni has appointed K.K. IRISU, a new exclusive distribution partner in Japan to expand its robotics business with Japanese automotive OEMs, TIERs and robot manufacturers.
All Circuits expands in France – aiming for industry 4.0
By 2022, the Group will have added 5’000 square metres of production space to its MSL Circuits operations in Meung-sur-Loire, France.
Second acquisition in a month for Nano Dimension
3D-printed electronics solutions specialist, Nano Dimension, is making its second acquisition for the month of April. The company announced earlier this month that had entered into a deal to acquire machine learning/deep learning specialist DeepCube. Now the company has signed and closed an agreement to acquire NanoFabrica, a precision additive manufacturing expert.
Ford accelerates battery R&D with new battery centre
Ford is launching a new global battery centre of excellence – called Ford Ion Park – to accelerate its R&D of battery and battery cell technology, including future battery manufacturing.
Incap with a strong start to 2021 - revenues increase by 55%
EMS provider Incap is presenting a strong start to 2021. Not only did the company see its revenues soar by 55%, it's profit made a massive leap as well.
Volvo invests in Swiss electromobility specialist
Volvo Group has signed definitive agreements to acquire 60 percent of Designwerk Technologies AG, an engineering company in Switzerland, that develops and sells electromobility products and engineering services within electromobility eco-systems.
Apple to invest $430 billion in the US over next five years
The accelerated commitment will fund a new North Carolina campus and job-creating investments in fields like silicon engineering and 5G technology. Ultimatly, the $430 billions will result in 20,000 new jobs across the US over the next five years.
BSU relocates – set to more than double workforce
US EMS provider, BSU Inc., was founded in upstate New York more than 30 years ago, recently expanded to Austin, Texas, setting up its HQ and manufacturing in a new – bigger – facility.
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