Ficosa Opens Plant in Tennessee

Detroit, Mich. – Ficosa, a top-tier global provider devoted to the research, development, manufacturing and marketing of high-technology vision, safety, connectivity and efficiency systems for the automotive and mobility sectors, has boosted its presence in the United States by opening a new state-of-the-art manufacturing facility in Cookeville, Tennessee. With an investment of over 50 million dollars,…

The Supply Chain and the Downside of Data

The abundance of raw data-processing power and the advancement of cloud storage have enabled information to be captured as never before. Proponents of Big Data promise unparalleled insight into customer behavior and a seamless flow of information across supply chain networks. But data also has the potential to paralyze businesses processes and encumber decision-making, some experts believe.…

Electronics OEMs Accelerate Hardware-to-Software Shift

Electronics manufacturers are rapidly shifting their product focus from the purely hardware-centric offerings that have characterized the industry for decades to software and subscriptions services that are growing faster, produce higher margins and foster longer-lasting relationships with customers. In fact, as product commoditization spread through the market as a result of the entrance of new…

Electronics Ranks High in Conflict Minerals Compliance

In a very short period of time the electronics industry has moved from grudging acceptance of the so-called U.S. “conflict minerals” rule to a leadership position in compliance, research concludes. Moreover, companies that have embraced the measure to boycott materials mined in certain regions of the world are driving positive change throughout the supply chain.…

ISM: Brexit Impact “Negligible” on U.S. Manufacturing

Although presidential politics are coloring the perception of domestic manufacturing, U.S. factory production in June increased at the fastest pace in more than a year. The Institute for Supply Management’s leading index, the PMI, increased by 1.9 percent from May to reach 51.3 percent. Any number over 50 indicates the sector is growing. Although the…

Mexico Benefits From Reshoring Trend

Depending on how one defines “reshoring,” manufacturing activity is increasing in the Americas. Specifically, electronics businesses and researchers say, Mexico is the biggest beneficiary of North American manufacturing companies re-thinking their global footprint. An executive of a U.S.-based electronics manufacturing services (EMS) company at a recent ECIA gathering said that bad experiences in China have had…