Fab News

TEWKESBURY, UK – Trackwise Designs reported revenue of £3.3 million (US$4 million) in the first five months of 2022. Revenue for full-year 2022 is expected to be below market expectations on the back of reduced near-term UK electric vehicle OEM customer demand.

Read more: Trackwise Lowers 2022 Forecast Based on EV Demand

KEWEENAW, MI – Calumet Electronics is investing $6.5 million at a newly built 35,000 sq. ft. manufacturing facility in Northern Michigan, according to reports.

Read more: Calumet to Invest $6.5M in MI Plant

SUNDBYBERG, SWEDEN -- NCAB today acquired 100% of the shares in Kestrel International Circuits from the Merlin PCB Group for SEK 103 million ($10.1 million).

Read more: NCAB Group acquires Kestrel in the UK

DA NANG, VIETNAM – Vector Fabrication has received an investment license for a PCB and MEMS factory, with plans to invest $60 million, according to reports.

Read more: Vector Fabrication to Invest $60M in Vietnam PCB Plant

LEOBEN, AUSTRIA – AT&S Austria Technologie & Systemtechnik now anticipates revenue of roughly €2.2 billion in the fiscal year 2022/23, up from previous guidance of €2 billion.

Read more: AT&S Austria Increases Fiscal 2023 Guidance to €2.2B

PETACH-TIKVA, ISRAEL – Yesterday, a fire broke out in one of the production rooms in Eltek’s plant here. The fire damaged part of the production line in that room and was extinguished without harming staff.

Read more: Eltek Reports Plant Fire in Israel

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