Katek makes another acquisition across the Atlantic
German EMS provider Katek says that it has concluded a purchase agreement with the owners of Nextek Inc., a US-based supplier of high-tech and high-value electronics, to acquire all shares in the US company.
Daniel Günther confident that Northvolt will come to Germany Is Northvolt coming to Schleswig-Holstein (northern Germany) or not? What seemed certain just a few months ago, seems to be at least questionable today.
Petteri Jokitalo plans to leave Scanfil by the end of 2023 After 10 years as the EMS provider's CEO, Petteri Jokitalo plans to leave the company by the end of 2023.
VOEPL commissions a new Indian manufacturing facility EMS provider Virtuoso Optoelectronics Ltd (VOEPL), says that it has added a new manufacturing facility at Wadiware in Nashik, Maharashtra,
More money for new Hungarian BMW facility BMW is significantly increasing its investments in its new plant in Debrecen in eastern Hungary. According to BMW, a good two billion euros will be spent on the plant over the next 2 years.
German EMS company considering acquisitions in Scandinavia Katek, one of the largest EMS providers in Europe, wants to increase its capital by issuing new no-par value bearer shares. The capital increase is to be used for new acquisition projects.
BAE to produce new variants of the CV90 for the Swedish Army BAE Systems has signed a follow-on contract worth USD 90 million with the Swedish Defence Materiel Administration (FMV) for two new CV90 variants, which are being added to the Swedish CV90 RENO upgrade program.
PCB Technologies acquires Galil Microwaves & Microelectronics PCB Technologies Ltd. announces via a LinkedIn post that the company has acquired the technology and the business activity of Galil Microwaves & Microelectronics Ltd., effective as of November 1st.
Sponsored content by Evertiq Expo Tampere 2022Evertiq Expo Tampere: 70% of products miss the mark when they come to final testing Some 70% of companies that come to a test house do not meet the requirements and as a result, lose both time and money. Don’t fail – include the regulatory part in your product planning and development.
Sellectronics invests in 3D AOI from Koh Young Working closely with Altus Group, Sellectronics, a CEM specialising in quick turn-around prototype assembly and low volume/high mix production, has recently invested in Koh Young’s 3D AOI inspection equipment to further enhance production.
Musk looking at South Korea for possible EV investment South Korea is among top candidates for a Tesla factory in Asia, according to South Korea's presidential office.
Mekoprint expands production in Ukraine The Danish industrial concern Mekoprint is experiencing great demand and is now expanding its production in the northwestern part of Ukraine. "The expansion of production in Ukraine must be seen in the light of the fact that the situation is safe and stable in that part of the country," says Anders Kold, CEO of Mekoprint.
Swedish manufacturer opens production facility in Wales MilDef, a manufacturer and supplier of s tactical IT and rugged hardware, has opened a manufacturing facility at the Bro Tathan business park near Cardiff, Wales.
Sponsored content by Evertiq Expo Tampere 2022Evertiq Expo: There is an abundance of "Sisu" in the Finnish industry “Finland lives on its forests”, was a saying that was quite common some time ago. Then came a time when you had to add “..and on Nokia”. But that doesn't really cut it anymore – the country has a strong technology-based economy all together.
Magna expands ADAS engineering capabilities in Romania As the demand for safety and driver-assistance features in mobility increases, Magna is expanding its ADAS engineering capabilities in Timisoara, Romania. Up to 300 engineers expected to be hired to grow engineering capacities.
Offshore Electronics expands its PCBA capabilities EMS provider Offshore Electronics has added more pick-and-place muscles to the production floor at its manufacturing facility in Guernsey.
Tempo Automation secures up to $100 million in financing Electronics manufacturer Tempo Automation and and ACE Convergence Acquisition Corp. (ACE) have entered into a committed equity facility with White Lion Capital.
VinES & Gotion High-Tech break ground on new battery factory Vingroup company, VinES Energy Solutions, and Gotion have broken ground on the companies new LFP battery cell factory in Vung Ang Economic Zone (Ha Tinh) in Vietnam.
Mycronic's SLX mask writer goes to Asian customer Mycronic AB has received an order for an SLX mask writer from a new customer in Asia.
Duotec reaps the benefits of its labour In 2022, Turck duotec GmbH became simply Duotec. But over the past few years, a lot more than a simple name change has happened at the German manufacturer. Evertiq took the opportunity to talk about growth, investment and the future with the EMS provider.
BMK wants to speed up the prototyping process According to Tim Sievers, Head of BMK Prototype Services, there have been two major issues surrounding the prototyping business; communication and security. This is something the EMS provider is looking to address with a new platform.
All Circuits is looking to expand with another plant Following a few challenging years, especially 2021, the French EMS provider is back on track and is performing at a level with is deemed “competitive” – to the extent that the company is looking for another plant.
Firan Technology Group to acquire US-based circuit board company Firan Technology Group has entered into an agreement to acquire IMI, Inc. a mnufacturer of specialty RF circuit boards focused on the aerospace and defense markets based in Haverhill, Massachusetts.
Varta introduces short-time work at German facility "In order to be able to meet the current and future challenges, the Executive Board has launched a comprehensive package of measures to reduce costs", a press release reads.
Another production win for Neways Neways and Magnetec expand their partnership in Smart mobility for the design, development, and production of Residual Current Devices. Such RCD offers unique and proven technology for measuring current leakages when charging electric vehicles.
Continental opens mega factory in Romania Continental is expanding its Romanian site in Timisoara into a new dimension: The expansion of the plant is the third since its opening in 2006.
Neways signs production deal with BAE Systems Hägglunds Neways has sign a contract with BAE Systems Hägglunds for the mid-life update (MLU) of 118 CV90 medium armored vehicles of the Royal Netherlands Army.
Cicor adds production through Phoenix Mecano acquisition The Phoenix Mecano Group is to sell all its shares in electronic manufacturing services firm Phoenix Mecano Digital Elektronik GmbH as well as Phoenix Mecano Digital Tunisie S.à.r.l. to the Switzerland-based Cicor Group.
70% of products miss the mark when they come to final testing Some 70% of companies that come to a test house do not meet the requirements and as a result, lose both time and money. Don’t fail – include the regulatory part in your product planning and development.
MAN to cut hundreds of jobs at Polish bus plant Truck and bus manufacturer MAN is reportedly cutting 860 jobs at its bus plant in Starachowice, Poland.Load more news