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Spirit Announces Sale of FMI to Tex Tech Industries

01/14/2025 | Spirit AeroSystems Holdings, Inc.
Spirit AeroSystems Holdings, Inc. announced the sale of Fiber Materials Inc (FMI) business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex Tech Industries, Inc. (Tex-Tech) for $165 million in cash.

Weidmuller USA Celebrates 50 Years of Growth and Innovation

01/14/2025 | Weidmüller Group
Weidmuller USA is proud to celebrate its 50th anniversary in 2025, marking five decades as a pioneer of innovation in smart industrial connectivity and automation products and solutions.

European and Japanese IDMs Strengthen Collaboration with Chinese Foundries to Capture ‘China for China’ Opportunities

01/09/2025 | TrendForce
TrendForce’s latest investigations reveal that geopolitical dynamics are accelerating the formation of the “China for China” supply chain, driven by China’s vast domestic market. This trend is particularly evident in the automotive sector.

FTG Aerospace Tianjin Approved as an AMO by CAAC

01/08/2025 | Globe Newswire
Firan Technology Group Corporation, a leading provider of electronic products and avionic sub-systems for the aerospace and defense markets, has received approval from Civil Aviation Administration of China to be an Approved Maintenance Organization (AMO).

Global Sourcing Spotlight: The Surprising World of Offshore B2B Industrial Values

01/08/2025 | Bob Duke -- Column: Global Sourcing Spotlight
When people want to buy industry products, they often look at a list of products: PCBs, PCBAs, injection molding, batteries, and transformers. However, if you bypass brick-and-mortar facilities, you can usually find better-value products if you search the globe. This is especially true with B2B products. With the right strategy and a keen eye for quality, companies can uncover opportunities to source essential industrial products from offshore suppliers at competitive prices. Here’s a list of some of those products and where to source them.
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