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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: 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.
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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.
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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.
Kitron Wins Additional €7 Million Contract, Expanding Presence in Industrial Automation
06/06/2025 | KitronKitron has signed a significant manufacturing agreement with a leading customer in the industrial automation sector. The agreement covers electronics manufacturing services for a new generation of high-performance drive modules used in automation and motion control systems.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
06/06/2025 | Nolan Johnson, I-Connect007Maybe you’ve noticed that I’ve been taking to social media lately to about my five must-reads of the week. It’s just another way we’re sharing our curated content with you. I pay special attention to what’s happening in our industry, and I can help you know what’s most important to read about each week. Follow me (and I-Connect007) on LinkedIn to see these and other updates.