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Winners of IPC Hand Soldering World Championship at electronica 2024 Announced

11/21/2024 | IPC
IPC hosted its Hand Soldering World Championship in Munich, Germany, at electronica on 14-15 November 2024, welcoming 14 competitors from 13 companies and 12 countries worldwide. Skilled contestants competed to build an electronics assembly in accordance with IPC-A-610 Class 3 criteria, and were judged on the functionality of the assembly, compliance with the assembly process and overall product quality. The contestants were allowed a maximum of 60 minutes to complete the assembly.

Punching Out: Should You Sell Your Company to a Private Equity Firm?

11/19/2024 | Tom Kastner -- Column: Punching Out!
I am often asked by owners in the electronics industry about using private equity (PE) firms as potential buyers. It’s true that PE firms have completed a lot of deals in the PCB and EMS industries over the years. In fact, two of the largest U.S. PCB shops—Summit Interconnect and AdvancedPCB—are owned by private equity firms, as are EMS companies, including Creation Technologies, SMTC, EmeraldEMS, East West Manufacturing, and others. More than half my deals are with PE firms, either as buyers for our sell-side deals or as clients on acquisition projects. 

HENSOLDT, Lockheed Martin Sign a Memorandum of Understanding

11/12/2024 | Lockheed Martin
On 7 November 2024, Oliver Dörre, CEO of HENSOLDT AG and Paul Lemmo, vice president and general manager Integrated Warfare Systems and Sensors at Lockheed Martin, signed a Memorandum of Understanding on a potential cooperation in the field of maritime command and control systems and radar technologies.

Are Firms Holding Too Much Inventory?

10/30/2024 | Shawn DuBravac, IPC
In the aftermath of the 2008 financial crisis, manufacturers made significant adjustments to inventory management strategies as they faced sharp declines in demand and economic uncertainty. Manufacturers moved to scale back production and attempted to quickly reduce inventory levels. Post-crisis, many manufacturers adopted lean inventory practices, such as just-in-time (JIT) production, to minimize holding costs and illiquidity risks.

Punching Out: What Buyers Are Buying

10/08/2024 | Tom Kastner -- Column: Punching Out!
I recently looked at completed deals in the North American PCB and EMS sectors over the past few years and spoke with several buyers who are active in the M&A market. According to my records, there were 31 deals in the North American PCB sector from 2021 through August 2024 (11 in 2021, five in 2022, 13 in 2023, and two to date in 2024).
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