A majority of U.S. manufacturing executives expect their sales will grow a little more than 9 percent for the rest of 2014, according to the Institute of Supply Management’s semi-annual survey of purchasing and supply managers. Of the 18 industries predicting growth, computer and electronics products fall a disappointing 12th on the list. Textile manufacturers…
Labor costs in Mexico are still generally higher than in China but the total cost of manufacturing in the North American country has fallen recently below its Asian rival’s, spurring a rethink amongst OEMs about the best place to site production facilities. In the last few years, many U.S.-based manufacturing companies have either moved or…
Vishay Intertechnology, Inc. (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter ended March 29, 2014. Revenues for the fiscal quarter ended March 29, 2014 were $602.4 million, compared to $554.3 million for the fiscal quarter ended March 30, 2013. The net…
Arrow Electronics, Inc. (NYSE:ARW) today reported first-quarter 2014 net income of $107.1 million, or $1.06 per share on a diluted basis, compared with net income of $77.9 million, or $.72 per share on a diluted basis in the first quarter of 2013. Excluding certain items1 in both the first quarters of 2014 and 2013, net…
Echelon Corporation (NASDAQ: ELON), the world’s leading control networking platform provider for the Industrial Internet of Things (IIoT), announced a distribution agreement with global electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability and delivery. Under the agreement, Digi-Key will distribute worldwide, except Japan, Echelon’s portfolio of products—including chips, modules, routers…