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Partnerships
Nokia partners with Sanmina to manufacture broadband network products in the US
To provide fiber-optic broadband network equipment solutions for the BEAD program in the United States and support up to 200 new employees in Wisconsin, Nokia ties up with Sanmina. In 2024, production is expected to get going. Read More>>
LG Electronics India and ITC Foods join forces to transform cooking and simplify consumer life
The ‘Scan to Cook’ feature of microwave ovens will be introduced in India due to a partnership between LG Electronics and ITC Foods. The partnership combines the microwave technology from LG and the frozen and ready-to-eat food knowledge from ITC. Read More>>
Deals
Vestas wins 189-MW wind turbine orders in the US
45 V150-4.2 MW turbines from Vestas will be used in a US wind park with a 189-MW order. The first quarter of 2024 will see delivery begin, and the second quarter will see commissioning. A multi-year service agreement is part of the arrangement. Read More>>
ANDRITZ to supply recovery boiler upgrade and sustainable technologies to Andhra Paper in India
Andhra Paper Limited in India places an order with ANDRITZ for an upgraded recovery boiler, an ash leaching system, and a lime kiln. The project attempts to boost mill capacity while achieving environmental objectives. The scope comprises a new lime kiln, an ash-leaching plant, and an increase in recovery boiler capacity. Read More>>
Centre Setup and Expansion
Witzenmann expands in Guanajuato
With the opening of a US$ 14 Mn extension that includes a new warehouse and offices, Witzenmann’s Guanajuato factory now boasts a 100% increase in production capacity. The addition contains 1,000 solar cells for clean energy and will add 352 new employees over five years. Read More>>
TT Electronics expands footprint
With the opening of a new plant in Mexicali, Mexico, which employs about 250 people and has six SMT lines, TT Electronics is extending its Global Manufacturing Solutions division. These additions are intended to meet worldwide manufacturing requirements as well as client growth. Read More>>
Mergers and Acquisitions
Halma buys Lazer Safe for AU$ 45 Mn
Lazer Safe Pty. Ltd., an Australian developer of safety solutions, was purchased by Halma Plc. Halma’s position in industrial safety is strengthened by the acquisition, which also improves productivity and worker safety initiatives. Read More>>
Sandvik acquires CAM post-processing software developer Postability
To strengthen its CAM offerings, Sandvik purchases Canadian software company Postability, specializing in NC post processors for Mastercam. The software from Postability supports manufacturing post-processing, simulation, and maintenance. The acquisition fits well with Sandvik’s plan for digital manufacturing. Read More>>
Executive Movements
Microvast appoints Zach Ward as President to drive ongoing U.S. expansion
Zach Ward is appointed president of Microvast to expand and oversee global operations for lithium-ion battery solutions. Zach Ward has over 20 years of senior leadership expertise in the energy and technology sectors. Read More>>
Jabil appoints BN Shukla as Operations Director for India
With more than 25 years of expertise in the field, including senior leadership positions, Jabil names BN Shukla as Operations Director for India, where he will oversee the growth of Electronics Manufacturing Services. Read More>>
Product Launch
TDK introduced ultra-compact high-density snap-in capacitors
The aluminum electrolytic capacitor series EPCOS B43657 with snap-in terminals, offered by TDK, is an incredibly compact and high-density construction. The capacitors improve performance and reliability while catering to applications with little space. Read More>>
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