SINGAPORE – Trident is in the process of constructing a new factory in Thailand. The new factory, which will be the company's third in the country, will increase monthly production capacity by 4 million sq. ft., and will result in Trident's total production capacity exceeding 10 million sq. ft.

PETACH TIKVA, ISRAEL – Eltek reported $10.5 million in fourth quarter revenue, a 10.5% increase from the revenue of $9.5 million in the fourth quarter of 2021.