Electronics Companies Continue to Lead in Conflict Mineral Compliance

Electronics businesses that believe the so-called “conflict minerals” provision of the U.S. Dodd-Frank Act no longer applies to them should think again. Although SEC Acting Chairman Michael Piwowar recommended in April that the Securities & Exchange Commission not enforce the provision — which requires companies to disclose the origin of tungsten, tin, tantalum and gold…

Microsemi to Close China Manufacturing Facility

Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced the planned closure of its manufacturing facility in China. Focused on lower value discrete solutions, the devices manufactured at the facility are not aligned with Microsemi’s strategic direction, and company resources will be invested elsewhere in higher value,…

manufacturing, factories, ISM, US factories

U.S. Manufacturing: Up, Up and Away

The U.S. manufacturing industry in February expanded at its fastest pace since 2014, according to the Institute for Supply Management (ISM). The ISM’s leading businesses index, the PMI, increased 1.7 percent in February to 57.7 — its sixth consecutive month of growth. New orders played a significant role for the period, increasing by 4.7 percentage…