ITT Expands China Facilities

ITT Corporation (NYSE: ITT) announced today that it is investing approximately $20 million to expand its braking technology production and R&D capabilities in Wuxi, Jiangsu Province, China, bringing its total investment in the facility to nearly $30 million over the past two years. The investment in the company’s Motion Technologies business is part of ITT’s…

Forget Re-shoring, China is still it

It’s easy to find evidence to convince anyone China will in future play a diminished role in the electronics manufacturing market. Don’t believe the hype. True, aside from regular supply chain challenges arising from its location and distance from main Western markets and other economic, geo-political and logistics issues, the country’s edge in production has…

Digi-Key in China? Yes. Soon, Too

Digi-Key Corp. is expanding operations globally and plans in the near future to establish its first office in China in furtherance of an internationalization program that will see the electronics components distributor putting “boots on the ground” in key European, Middle East and Asian locations, according to company executives. The company in the last year…