ANDOVER, MA – MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that transform our world, today announced that Ram Mayampurath has been appointed Executive Vice President, Chief Financial Officer and Treasurer, effective October 14, 2024. He will report directly to John T.C. Lee, President and Chief Executive Officer, and will be a member of MKS’ executive team.
A global business leader with more than 25 years of experience in financial strategy, thought leadership, and value creation for shareholders and stakeholders, Mr. Mayampurath will join MKS from Rogers Corporation (NYSE: ROG), where he most recently served as Senior Vice President, Chief Financial Officer and Treasurer. Prior to that, he held positions of increasing responsibility in finance and business transformations since joining Rogers Corporation in 2014. Prior to joining Rogers Corporation, Mr. Mayampurath served in divisional financial leadership roles at Royal Philips Electronics from 2005 to 2014.
“Ram brings to MKS a proven record of achievement in global finance, M&A, capital allocation strategy, revenue growth, and margin expansion,” said Mr. Lee. “I am pleased to welcome him to the MKS executive team.”
Mr. Mayampurath is a chartered accountant and holds an MBA from Southern Illinois University and a Master’s degree in Global Management from Thunderbird School of Global Management.
ANDOVER, MA – MKS Instruments, Inc. (NASDAQ: MKSI) (MKS), a global provider of enabling technologies that transform our world, today released its 2024 Environmental, Social, Governance (ESG) Report, which highlights MKS’ continued commitment to ESG issues.
“At MKS, we recognize the importance of operating our business in a responsible manner,” said John T.C. Lee, President and Chief Executive Officer of MKS. “This report serves as a testament to our progress, achievements, and ongoing efforts to integrate sustainability holistically into our business.”
The report details the progress MKS has made toward the achievement of its key ESG objectives. Highlights include:
Our commitment to reducing our combined Scope 1 and 2 emissions by 42% by 2030 from our 2022 baseline, in alignment with criteria established by the Science Based Targets Initiative (SBTi), and our efforts to develop our consolidated Scope 3 emissions inventory with the goal of setting SBTi-aligned Scope 3 emissions targets. Once we determine our Scope 3 emissions targets, we will submit all of these climate goals to SBTi to be validated against SBTi guidance.
The expansion of our sustainable product portfolio with new, innovative solutions and the establishment of a dedicated team to quantify the carbon footprints of our products and processes, underscoring our commitment to execute on our sustainability strategy.
Our continued focus on our employees’ experience, highlighted by our third annual global employee engagement survey – the first to include participation from Atotech employees post-acquisition – and the launch of our inaugural Employee Resource Group, Women@MKS.
External recognition for our sustainability efforts and responsible business practices by MSCI, Sustainalytics, and Newsweek and Statista.
The Report is available to view here and includes relevant disclosures related to The Sustainability Accounting Standards Board (SASB) and The Task Force on Climate-related Financial Disclosures (TCFD) standards.
ROCHESTER, NY – Ultra Librarian® (ultralibrarian.com), an Accelerated Designs brand and the world's largest online CAD library with over 16 million parts and counting, is pleased to announce a strategic partnership with Footprintku AI, the leader in DFM-aware CAD library development. This partnership aims to solve one of the largest manufacturing issues plaguing hardware design teams today, CAD library DFM.
“We are very excited for this partnership with Footprintku AI,” said Manny Marcano, President, Accelerated Designs LLC. “The CAD library is the core building block of any PCB design flow. These libraries need to accurately represent all aspects of the parts being designed, ensuring the manufacturing systems being used to ultimately build the boards can run without issue. Working with Footprintku AI will enable us to further enhance the DFM capabilities of our library across all the CAD tools we support, giving design teams the security that they can go to manufacturing with confidence.”
The two companies will work to bring Footprintku AI's pioneering technologies in Design-for-Manufacturing (DFM) processes into the Ultra Librarian CAD library. As part of the Ultra Librarian Virtual Librarian Service (VLS), this collaboration will provide a new on-demand DFM-aware library for companies looking to enhance and validate their libraries for DFM.
“In working with numerous top-tier OEM/ODM companies, one of the more common DFM issues we saw were in the CAD libraries, ” said YC Hwang, Founder of Footprintku AI. “Our partnership with Ultra Librarian will allow us to provide systematic and programmable DFM management services creating libraries that are ready-to-manufacture upfront eliminating delays and issues downstream.”
Ultra Librarian and Footprintku AI will be hosting a webinar on August 8th, 2024 to discuss the need for DFM-aware libraries and showcase how their partnership will help make DFM issues in the CAD library a concern of the past. You can register for the webinar here https://go.ultralibrarian.com/DFM-webinar
DOWNERS GROVE, IL – Hirose, a leader in the design and manufacturing of innovative connector solutions, has strategically expanded its Americas distribution network to better support its growing customer base. Master Electronics will support the full Hirose line of connector solutions across the Americas.
Master Electronics adds it superior logistic support to provide customer access to Hirose’s diverse connector offering, and advanced technical expertise. For more than 50 years, Master Electronics has added value to its partners and customers alike. Through strong relationships and responsive service, Master Electronics offers creative solutions to purchasing, supply chain and business challenges.
“Master’s customer presence allows it to stay connected with manufacturers and suppliers, facilitating collaboration, innovation, and growth in the ever-expanding electronics market. We look forward to a long and mutually beneficial partnership with Master Electronics,” said Ed Wiest, Director of Corporate Distribution at Hirose Electric Americas.
“Hirose continues to grow and diversify its product offering to address customer needs. We look forward to expanding Hirose’s reach into new markets and applications by offering added value to meet customer needs,” said Billy Hood, Director of Product Management at Master Electronics.
With ongoing product training from the engineering professionals at Hirose, Master Electronics’ experienced staff will support the procurement needs of OEMs serving automotive, consumer, industrial, medical, telecom, and other applications.
SUZHOU, CHINA – Ventec International Group has announced its membership of the Printed Circuit Board Association of America (PCBAA), supporting the organization’s dedication to promote the interests of PCB manufacturers and suppliers in the US.
By joining PCBAA, Ventec is strengthening its commitment to the US PCB sector under the global imperative for a sustainable and resilient electronics industry. PCBAA works to support domestic production of PCBs, also advocating for initiatives that create fair market conditions. Its role recognizes the importance of the PCB to electronic assemblies and hence the value of supply chain security.
"As the foundation for every electronic circuit and system, each aspect of the PCB is important, from performance and reliability to assuring supply of bare boards to keep electronic product assembly lines running,” said Mark Goodwin, COO Ventec International Group. "The PCBAA represents the interests of US PCB makers at all levels, including government and legislators, to ensure that PCB manufacturers here can thrive. We are excited at this opportunity to actively take part and help shape the industry here for a strong future."
Further information about Ventec’s solutions and the company’s wide variety of products is available at www.venteclaminates.com
AURORA, CO – AdvancedPCB, a leader in printed circuit board (PCB) design and manufacturing, is excited to announce the launch of PCBDay, the first ever one-day sales event for the printed circuit board industry. The event takes place on Tuesday, July 9.
"Every one of the electronics we use on a daily basis requires a printed circuit board, and PCBDay is a celebration of the industry offering increased access to the technology and design needed for effective PCBs," says AdvancedPCB CEO, Peter Austin. "We look forward to seeing what next generation technologies come out of our inaugural PCBDay."
PCBDay will feature exciting exclusive discounts on printed circuit boards. Additionally, there will be special discounts for engineering students, providing them with the ability to jumpstart their capstone projects or unique innovations.
"The engineering student discount is critically important to our commitment in moving the industry forward. They are our next generation of electronic design engineers in developing solutions for the medical, aerospace, industrial manufacturing, automotive and many other industries." Austin adds.
To view available deals, speak with a PCB expert, and look into estimated delivery times, visit AdvancedPCB.com
