U.S. purchasing and supply executives are entering 2019 with a bit less enthusiasm than 2018, although optimism remains strong for the next calendar year. Sixty-four percent of U.S. manufacturers polled by the Institute for Supply Management expect their revenue will grow by 5.7 percent in 2019, compared with the 5.1 percent increase predicted for 2018.…
After a significant cool down last month, the U.S. manufacturing industry bounced back in November with growth in new orders, production and employment. Overall, U.S. production has been expanding for 27 consecutive months, although manufacturers tapped the brakes in October. The nation’s leading production index, the Institute for Supply Management’s PMI, increased 1.6 percentage points…
The National Geographic channel’s “Mars” series has entered its second season and has inspired AspenCore’s Special Projects team to delve into the future of space exploration. Our “Road to Mars” report covers the designs, technologies and imagination that drive space research, and the electronics and sourcing infrastructure that support aerospace hardware development. The world’s fascination with Mars continues to fuel space…
As the electronics industry plows through calendar Q4, murmurs of uncertainty around 2019 are surfacing. Analysts say there’s a possibility that demand for electronic components will cool in 2019, and tariffs continue to fuel uncertainty throughout the electronics supply chain. “Semiconductor memory ASPs are going to fall. Semiconductor sales are going to decline. The U.S…
The nation’s leading factory index dropped to its lowest level in six months as manufacturers try to manage through trade tensions, transportation shortages and a slowdown in orders. The Institute for Supply Management’s PMI decreased 2.1 percentage points to 57.7 percent in October, its lowest level since April. The PMI has declined for two consecutive…
Sager Electronics, a leading North American distributor of Interconnect, Power and Electromechanical components and provider of value-add solutions, has relocated its Power Solutions Center (PSC) to a 64,000 square foot state-of-the-art facility in Carrollton, TX. The new facility is 70% larger than Sager’s existing location, and will include 20,500 square feet of value-add production space…
While Americans say they prefer to buy products manufactured in the U.S., they are largely unaware of the robust state of the domestic manufacturing sector, according to a recent Thomas survey. “’Made In America’ is a label that manufacturers are eager to apply, as consumer sentiment for years has indicated that U.S.-made products tend to…
TE Connectivity, one of the largest and most diverse manufacturers of connectors, sensors and passive components, has expanded its purchasing, pricing, availability and delivery offerings via its TE Store. Although similar services are offered by TE distributors, TE’s chief eBusiness and digital officer Nitin Mathur said there is a large population of global users that…
Even amid continuing strong demand, the electronics industry is struggling with tariffs and the price and availability of components, according to the Institute for Supply Management. One OEM described a supply chain in disarray on the ISM’s monthly survey. “The market is in a state of chaos with the latest round of tariffs,” a computer and…
One of the electronics industry’s largest hybrid distributors – America II Electronics—has acquired another leading hybrid, Advanced MP Technology. The combination of two companies—an estimated $427 million in revenue—would rank the company 15th on EPSNews’ Top Global Distributors List. Both companies have been augmenting their independent – or non-authorized – distribution model with franchised suppliers.…