PMGC Holdings Signs Letter of Intent to Acquire Profitable U.S.-Based Electronics Manufacturing Company
June 10, 2025 | Globe NewswireEstimated reading time: Less than a 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.
Suggested Items
Nordson Electronics Solutions Develops Panel-level Packaging Solution for Powertech Technology, Inc. That Achieves Yields Greater Than 99% for Underfilling During Semiconductor Manufacturing
06/11/2025 | Nordson Electronics SolutionsNordson Electronics Solutions, a global leader in reliable electronics manufacturing technologies, has developed several solutions for panel-level packaging (PLP) during semiconductor manufacturing. In one particular case, Nordson’s customer, Powertech Technology, Inc. (PTI) saw underfill yields improve to greater than 99% as they plan to transition from wafers to panels in their manufacturing operations. edwd
Rethinking How Operators Interface With the Line
06/11/2025 | Nolan Johnson, SMT007 MagazineJurgen Schmerler, CEO of WaveOn, reveals how AI and large language models are revolutionizing electronics manufacturing. By integrating AI with machinery, operators can access real-time, multimodal information for troubleshooting and maintenance, significantly reducing training time and enhancing efficiency. He discusses the industry's challenges, the customizable knowledge bases, and the future of proactive maintenance and process control.
Europe's Defense Industrial Awakening: From Strategy to Battlefield Innovation
06/10/2025 | Phil Stoten, SCOOPEurope stands at a critical juncture in its defense industrial evolution. With geopolitical tensions escalating and lessons learned from ongoing conflicts, the European Union is racing to build a resilient defense industrial base that can respond to 21st-century security challenges. Recent participation in high-level EU Commission dialogues has revealed both the urgency of this mission and the complex realities of achieving it.
Flex Announces Collaboration with MIT to Advance the Future of Manufacturing with AI and Automation
06/09/2025 | FlexFlex announced a strategic collaboration with the Massachusetts Institute of Technology (MIT) on its new Initiative for New Manufacturing (INM) — a bold, Institute-wide effort to reimagine industrial production, drive innovation through advanced technologies, and strengthen U.S. manufacturing competitiveness.
Kimball Electronics Mexico (KEMX) Volunteers Support Reynosa Community After Flood
06/09/2025 | Kimball Electronics Inc.A team of dedicated volunteers from Kimball Electronics Mexico (KEMX) recently visited the San Vicente de Paul children's shelter in Reynosa to lend a helping hand following the heavy rains and flooding that affected the city.
Copyright © 2025 I-Connect007 | IPC Publishing Group Inc. All rights reserved.
Log in