Fab News

LISLE, IL — Molex has announced the opening of a new factory in Guadalajara. The new 60,000 sq. meter facility more than doubles the company's footprint and manufacturing in Guadalajara, and comes with the potential to increase capacity by an additional 100,000 sq. meters to support Molex's advanced engineering and large-scale production for automotive, transportation, and industrial customers in North America and around the world.

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COUTANCES, FRANCE — Elvia PCB will not rebuild the factory of its subsidiary Elvia Loire Valley - Ciretec in Saint-Ay after it was destroyed by a fire earlier this year. Eliva, which was acquired by private equity firm Tikehau Ace Capital last spring, is expected to cut 53 out of the 70 jobs at the factory.

According to Le Parisien, the company opted not to rebuild the factory after estimating that the rebuilding of the facility would have cost around €25-30 million. The company has offered relocations to other subsidiaries in Coutances (Elvia Normandy), Châteaubourg (Elvia Brittany), and Puiseaux (Elvia BREE).

Elvia Loire Valley – Ciretec specializes in the manufacture of complex printed circuits often linked to on-board applications. It targets high PCB technologies (multilayer, rigid-flex, flexible, microwave technologies) in prototype and standard delays. For its space activity, Elvia Loire Valley – Ciretec is qualified ESA and EN9100 for civil and military aeronautical activities.

Founded in 1976, Elvia PCB is the leading French manufacturer of printed circuits in terms of turnover, the 5th in Europe, and the first in Europe in the DAS (defense and aerospace) segment, with a turnover of €50 million, including €35 million for the military, aeronautics and space division and €15 million for the Automotive and Industrial division. The group has around 430 employees in France.

Helsinki — Incap is estimating that its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2022 will be significantly higher than in 2021. According to the company, the increase in the revenue and operating profit estimate is driven by improved visibility related to the customers' forecasts and Incap's own assessment of the business development.

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TAIPEI -- Nan Ya Printed Circuit Board today reported unaudited sales of NT$5.9 billion ($185 million) for September, up 31% year-over-year and 2.6% sequentially.

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TORONTO -- Firan Technology Group reported sales at its Circuits Segment rose 11% year-over-year to $14.6 million in the September quarter, with the increase spread across sites in North America and China.

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MILAN, ITALY -- Green Arrow Capital has sold Somacis Graphic Group to Chequers Capital, the company announced.

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