contraction, manufacturing, factories

U.S. Manufacturing Contracts for First Time in 3 Years

The nation’s leading factory index in August contracted for the first time in three years as new orders, production and employment all fell below 50 — the threshold between growth and contraction. The Institute for Supply Management’s PMI dropped to 49.1 percent last month, its lowest reading since 2016. Business confidence has also declined as…

Supplyframe Acquires CAD Model Provider SamacSys

Supplyframe announced today a definitive agreement to acquire SamacSys, the world’s leading provider of 2D and 3D CAD models for the electronics industry. This acquisition will combine SamacSys’s libraries of schematic symbols, PCB footprints and component 3D models with Supplyframe’s global offering in engineering resources such as component search engines, supply chain software tools and…

ECIA, distributors

Top Distributors Exit ECIA to Form Global Association

Three of the industry’s biggest distributors – Arrow Electronics Inc., Avnet Inc. and Electrocomponents plc – have withdrawn from the Electronic Components Industry Association (ECIA), marking an historic, structural change in the 9-year-old  trade organization. A new group, the Global Electronics Distributor Association (GEDA), will be formed within the next 90 days, according to an…

Heilind Adds Amphenol’s All Sensors Line

Heilind Electronics, a leading distributor of electronic components, has added All Sensors Corporation (an Amphenol Company), a leading manufacturer of high-accuracy MEMS piezoresistive low and ultra-low pressure sensors and pressure transducers. As an authorized distributor of All Sensors products, Heilind expands its growing portfolio of sensor products to include pressure sensors, with emphasis on low…

Direct vs. Indirect Supplier Management: A Closer Look

Back in the day, when factories served as the templates for developing business processes, the distinction between direct and indirect procurement spending was pretty straightforward: direct spend was focused on the things that went into your product – raw materials, components, subcontracted manufacturing services, and so on. Indirect spend, which some have leeringly referred to…

Molex Opens R&D Facility in New Jersey

Molex has announced the grand opening of a new research and development (R&D) facility in Bridgewater, New Jersey.  The building completion represents a significant investment by Molex in the future of optical wavelength solutions for telecommunications networks. Bridgewater Township Mayor Dan Hayes, Kathleen Coviello, vice president of technologies and life sciences investments, New Jersey Economic…

Avnet Distribution Center Becomes One of the Largest FTZs in Arizona

Leading global technology solutions provider Avnet (Nasdaq: AVT) has secured Foreign-Trade Zone authorization from the United States Bureau of Customs and Border Protection (CBP) for its McKemy Distribution Center in Chandler, Ariz. The designation reduces tariff recovery fees for its international customers as well as for domestic customers shipping abroad. Foreign-Trade Zone authorization also increases…

Arrow Signs Deal With Teltonika for EMEA

Global technology provider Arrow Electronics today announced a distribution agreement with Teltonika, a Lithuania-based IoT solutions provider with a 20-year track record, covering Europe, Middle East and Africa (EMEA). Teltonika`s products address industrial communication, asset and personnel tracking, and mobile machine-to-machine (M2M) communication. Teltonika offers a broad range of IoT-related solutions and has more than…