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PMGC Holdings Signs Letter of Intent to Acquire Profitable U.S.-Based Electronics Manufacturing Company
June 10, 2025 | Globe NewswireEstimated reading time: 1 minute
PMGC Holdings Inc., a diversified public holding company, is pleased to announce the signing of a non-binding Letter of Intent (LOI) to acquire a U.S.-based, cash-flow positive electronics contract manufacturing company with over 40 years of operational history.
Acquisition target specializes in high-precision electrical and mechanical assembly, including printed circuit board manufacturing for commercial and industrial customers across the U.S.A.
PMGC’s second pending acquisition since April, demonstrates that its M&A strategy is well underway, with additional deals expected this year.
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A Necessary Shift From Gerber to IPC-2581
05/07/2026 | Tracy Riggan, Global Electronics AssociationIPC-2581 is an open, vendor-neutral data exchange standard developed by the Global Electronics Association to streamline the exchange of PCB design information across fabrication, assembly, and test. It replaces multiple legacy formats—including industry standards, Gerber, and ODB++—with a single, comprehensive, XML-based dataset that captures all manufacturing details.
IMI Reports Stronger Performance and Return to Profitability in 2025
05/06/2026 | IMIIntegrated Microelectronics, Inc. (IMI) reported a significantly improved performance in 2025, reflecting the positive results of its multi year transformation focused on operational efficiency, portfolio optimization, and strengthening core capabilities.
Flex Completes Acquisition of Electrical Power Products (EP²)
05/06/2026 | PRNewswireFlex announced the completion of its acquisition of Electrical Power Products, Inc. (EP²), a leading provider of engineered‑to‑order electrical power control and protection systems.
TLT Electronics Officially Opens Facility in Vietnam
05/06/2026 | TLT ElectronicsLithuanian EMS provider TLT Electronics has recently announced the opening of a new facility in Vietnam. For their clients, this is a chance to expand manufacturing into a second region without the headache of onboarding a new supplier. Same team, same processes, same quality standards — still TLT Manufacturing, just on another continent.
NVIDIA, Corning Partner to Boost U.S. AI Manufacturing
05/06/2026 | BUSINESS WIRENVIDIA and Corning Incorporated announced a multiyear commercial and technology partnership to dramatically expand U.S.-based manufacturing of the advanced optical connectivity solutions needed to power next-generation AI infrastructure.