Richardson Signs Deal With Battery Street Energy

Richardson Electronics, Ltd. (NASDAQ: RELL) announced today an exclusive manufacturing and global distribution agreement with Battery Street Energy (BSE) to manufacture ultracapacitor-based engine start modules for use in various markets and applications including the wireless telecom industry and in critical facilities. In collaboration with BSE, Richardson Electronics will be manufacturing these modules using BSE’s patent-pending…

April PMI: Demand Bumps Up Against Supply

Labor and supply constraints continue to limit U.S. manufacturing momentum even as demand remains robust. The nation’s leading factory index, the PMI, declined 4 percent in April, but depleted customer inventories and increasing factory backlogs bode well for the long-term health of the industry. “Recent record-long lead times, wide-scale shortages of critical basic materials, rising…