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.
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.
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).
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.
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.
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.