Manufacturing Optimism Grows for Remainder of 2021

Purchasing and supply executives expect manufacturing growth will continue for the rest of 2021 with several metrics – capacity, capital expenditures and revenue – exceeding forecasts of late 2020. There is hope that the corner has been turned on the coronavirus pandemic, according to the Institute for Supply Management, and both the U.S. manufacturing and…

Executive Order Clears Path to $37 Billion Chip Investment

President Biden on Wednesday signed, as expected, an executive order that paves the way for allocation of $37 billion federal government investment to address the chip supply shortfall. Industry reaction has been positive with both the Semiconductor Industry Association (SIA) and the Information Technology and Innovation Foundation (ITIF) immediately issuing statements showing relief that the…

distributor, America II, Advanced MP, Global,

America II Grows Globally With Advanced MP Buy

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.…

Electronics Manufacturers Favorable on Tax Reform

U.S.-based supply executives are receiving the Tax Cuts and Jobs Act (TCJA) of 2017 favorably. The tax reform, signed into law by President Donald Trump in December, will have a positive impact on U.S. manufacturers’ organizational, strategic and tactical considerations, managers said. The Institute for Supply Management conducted a special survey to gauge members’ familiarity…