© LORD Corporation Business | March 19, 2019
LORD Corporation invests €14 million in Germany
Technology and manufacturing company, LORD Corporation, says it’s planning to expand operations at its Hückelhoven, Germany facility – an investment of EUR 14 million.
This expansion project will position LORD to provide support to the fast-growing electric vehicle (EV) market, especially in Germany and around Europe. The expanded operations will provide the company a closer in proximity to its customers and thus improve performance and reduce end costs. "We have a strong focus on the EV market and the trend toward electrification," says Ed Auslander, President and CEO, LORD Corporation, in a press release. "Currently LORD solutions are on nearly every vehicle in the world. This strategic investment in our Hückelhoven facility will further grow our presence in the EV market while supporting OEMs and enabling them to meet launch timelines." Seventy employees currently work at LORD's Hückelhoven facility, which has been in operation since 1987. With the expansion the company is expecting to add more than 20 additional jobs at the site. Construction of the new adjacent facility began in March 2019, which will add about 3’200 square metres of production and office space to the existing facility. Construction is expected to be complete and start operating by mid-2020. Gap fillers, potting and encapsulants, and thermal adhesives sold under LORD's CoolTherm brand name will be produced in Hückelhoven – all in support of the company's Thermal Management business. "As EVs become more prevalent, we continue to focus on developing innovative Thermal Management and Structural Adhesive solutions," says Vincent Javerzac, Vice President, EMEA, LORD Corporation. "Expanding in Hückelhoven positions us to support even more growth in the EV space, and we are committed to making greater investments in Research & Development. These efforts have a direct impact on LORD's ability to provide innovative solutions for our customers."
ROHM presents Rear Lamp 4ch Linear LED Drivers designed for Motorcycles ROHM announces the availability of a 4ch linear LED driver IC with built-in MOSFET ideal for LED rear lamps (turn/stop), fog lamps and turn signals for automotive use.
Leuze’s construction project is making progress Almost seven months after the groundbreaking ceremony for the new distribution center in Unterlenningen, Germany, Leuze is making good progress and is on schedule.
NXP: ‘the impact of COVID-19 was greater than anticipated’ The semiconductor company has updated its performance expectations for the first quarter as the business impact from COVID-19 has proven to be greater than initially anticipated.
Unprecedented power density in low-voltage power conversion systems Each time a power MOSFET is being turned on or off in a SMPS, parasitic inductances produce ground-shifts that may cause false triggering of the gate-driver IC.
Nordic Semi expands and opens new office in Australia With the newly opened sales, marketing and customer support office for Southeast Asian, Nordic Semiconductor aims to provide faster customer support to the regions expanding wireless electronics design and manufacturing sectors.
Osram appoints new Chief Financial Officer Osram Licht AG has appointed Kathrin Dahnke as a member of the Management Board. Effective April 16, she will be responsible for the financial business of the high-tech company.
u-blox acquires IoT communication-as-a-service provider thingstream u‑blox has acquired IoT Communication‑as‑a-Service provider, Thingstream. Thingstream provides an end‑to‑end solution for global IoT connectivity using the industry standard MQTT protocol.
Tachyum opens new EU headquarters in Slovakia The semiconductor startup has opened a new European Union headquarters to address the regional needs of its growing number of customers, partners, vendors throughout the EU.
EtherCAT interface option added to programmable DC power supply series TDK Corporation (TSE 6762) announces the introduction of an EtherCAT interface option to all models in the GENESYS+™ series of programmable DC power supplies.
MaxLinear to acquire Intel division MaxLinear, along side its subsidiary, have entered into a definitive agreement with Intel Corporation under which MaxLinear would, subject to customary closing conditions, acquire Intel’s Home Gateway Platform Division for USD 150 million.
America II: 'we remain open for business' The situation surrounding the COVID-19 pandemic continues to evolve, and doing so rapidly. Globally we’re seeing nations and governments react with recommendations and restrictions to movement and business operations – and companies are reacting.
Infineon receives final green light for its acquisition of Cypress Infineon says it has received all necessary regulatory approvals for its acquisition of Cypress Semiconductor. Infineon expects to close the transaction within five business days.
Schurter updates on the impact of COVID-19 Continued travel restrictions, the shut-down of borders and whole cities and other similar events have created unanticipated labour, logistics and material shortages throughout the world.
COVID-19 case at Fukui Murata Manufacturing’s plant On April 4, Murata Manufacturing, confirmed that an employee at the Takefu Factory of Fukui Murata Manufacturing has tested positive for COVID-19.
Cree: COVID-19 has had a greater impact than first anticipated Cree says that the COVID-19 pandemic has had a greater impact than originally anticipated when the company provided the third quarter outlook back in late January.
Hirose expedites shipment of medical equipment manufacturers Connector solutions manufacturer, Hirose, says it is prioritising and expediting orders to medical equipment manufacturers.
Short-time work starts at Elmos Elmos will start with the previously announced short-time work in mid-April. Associated with this, the Management board and executives will voluntarily waive a part of their remuneration.
Hirose’s Malaysian factory has been temporarily closed The connector company had to temporarily close its operations in Malaysia on March 18 following a government order. The order is a precautionary measure against Covid19 and is affecting most of the country’s industries.
COVID-19: Vishay provides operational update The manufacturer of discrete semiconductors has provided an update on the operational status of its manufacturing facilities amidst COVID-19 pandemic.
Axcelis receives its first order For Purion in Japan Axcelis Technologies, a supplier of high-productivity solutions for the semiconductor industry, says it has received an order to ship its first Purion system into Japan.
NXP invests in Kalray An EUR 8 million equity investment to strengthen partnership between the companies who will co-develop, jointly promote and deploy autonomous driving solutions on the market.
SEMI urges ‘essential business’ designation of semi companies SEMI has urged government representatives around the U.S. and world to designate the semiconductor industry as an essential business so operations at companies across the chip supply chain can continue without interruption as the spread of COVID-19 continues.
Digi-Key inks distribution partnership with Siglent Technologies Digi-Key Electronics has expanded its product portfolio by signing a North American distribution partnership with Siglent Technologies, providing its customers with electronic test and measurement solutions.
Jenoptik supplies infrared optics to Rheinmetall The photonics group Jenoptik will supply infrared optical components to Rheinmetall between 2020 and 2025.Load more news