-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueComing to Terms With AI
In this issue, we examine the profound effect artificial intelligence and machine learning are having on manufacturing and business processes. We follow technology, innovation, and money as automation becomes the new key indicator of growth in our industry.
Box Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Lacroix Acquires Stake in Firstronic
April 11, 2017 | LACROIX ElectronicsEstimated reading time: 1 minute
Lacroix is going "multi-continental" by acquiring a stake in the electronic manufacturing services (EMS) provider Firstronic LLC, based in Michigan. Lacroix’s electronics activity becomes a key global player for manufacturers in automotive, healthcare, home and building automation, avionics and industry segments.
This alliance with Firstronic will provide support for customers of Lacroix Electronics, the Lacroix Group’s EMS subsidiary, in North America, in particular for automotive equipment vendors who have factories in the United States and Mexico and wish to collaborate with local partners specializing in the production of electronic assemblies.
With Firstronic, manufacturers have the flexibility and responsiveness of a regional player with factories in Grand Rapids, Michigan and Juarez, Mexico, while retaining the expertise and trust established with Lacroix.
From its perspective, Firstronic will be able to offer its American customers access to the European market thanks to Lacroix Electronics plants in Europe, ensuring continuation in the quality of service and opening the potential use of its design office.
This alliance will also enable consolidated purchasing by combining European and American spend vis-a-vis suppliers.
“This structural step in our strategic plan demonstrates our commitment to supporting our customers and their expectation to work with global EMS suppliers. It will help accelerate Lacroix’s international development outside Europe. Firstronic is a concrete response to the requirements expressed by our strategic customers,” explains Vincent Bedouin, Chairman of the Lacroix Group. “The collaboration with Firstronic is based on shared values, comparable processes, and very similar customers. Firstronic’s CEO previously managed an EMS of similar size to Lacroix Electronics. He is a graduate of INSEAD and knows Europe very well."
The group is creating a subsidiary, Lacroix North America Inc., as its beachhead for development in North America, and the first joint activities are scheduled for spring 2017.
“Firstronic is also excited about working with Lacroix to fulfil our customers’ demand for electronic manufacturing services in Europe, as well as leveraging their strength in product design and development,” stated John Sammut, president and CEO of Firstronic.
About Firstronic
Firstronic provides advanced electronics manufacturing services (EMS) and optimized supply chain solutions for the electronics industry. Its multinational purchasing expertise ensures a cost competitive supply chain. With advanced software tools that support program management, in-house engineering that includes design, DFX and test, and cutting edge manufacturing processes, Firstronic can support almost any customer requirement. For more information, click here.
Suggested Items
AIM Solder Signs Shinil Fl Ltd. as New Distributor for Korea
05/08/2024 | AIM SolderAIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce a new distribution partnership with Shinil Fl Ltd., a prominent supplier of technological solutions in the SMT and semiconductor sectors.
KYZEN’s Adam Klett to Keynote at SMTA Electronics in Harsh Environments Conference
05/07/2024 | KYZEN'KYZEN, the global leader in innovative environmentally friendly cleaning chemistries, announced today that KYZEN’s Director of Science, Adam Klett, PhD will present as a keynote speaker at the SMTA Electronics in Harsh Environments Conference. The event is scheduled to take place May 14-16, 2024 at the Technical University of Denmark in Copenhagen, Denmark.
Altus Equips SSTL with Advanced Cleaning Technology for Electronics
05/07/2024 | Altus GroupAltus Group, a leading supplier of capital equipment for the electronics manufacturing industry, has announced the successful installation of an advanced PCBA cleaning system at Surrey Satellite Technology Limited (SSTL).
GPV's Handover of Refurbished Factory Building
05/07/2024 | GPVOn 6 May 2024, Bjorn Fiskers, MD at GPV Electronics TH in Thailand and his team were handed the keys to our refurbished factory building, adding another 7,000 sqm to our current 15,000 sqm electronics factory. Our electronics factory in Thailand will comprise of a total of 22,000 sqm.
New Yorker, Major League Electronics Sign New Franchised Distribution Agreement
05/06/2024 | New Yorker Electronics Co.New Yorker Electronics, global distributor of electronic components, recently announced a new franchised distribution agreement with Major League Electronics, renowned manufacturer of interconnect products.