TTM Acquires Facility in Wisconsin and Land in Penang

SANTA ANA, CA – TTM Technologies has announced the acquisition of a 750,000 sq. ft. facility in Eau Claire, WI, and land rights for a new manufacturing site in Penang, Malaysia.

The Wisconsin facility, formerly owned by TDK Hutchinson Technology, is fully equipped to support printed circuit board production. TTM plans to use the site to accelerate US-based manufacturing of high-volume PCBs, particularly for data center computing and generative AI applications.

“The Eau Claire facility represents a critical leap forward in TTM’s ability to support customers requiring high volume, advanced technology US PCB manufacturing,” said Tom Edman, president and CEO, TTM Technologies. “Because the infrastructure is already in place, we can accelerate the deployment of equipment and capabilities.”

Wisconsin officials welcomed the investment. “This facility is ready-made for TTM to strengthen domestic customer relationships and produce critical electronic components,” said Missy Hughes, CEO of the Wisconsin Economic Development Corp.

In addition to the US expansion, TTM has secured land rights for a future facility in Penang. The 10-acre site is located near TTM’s current Malaysian operations and will support commercial markets such as data center computing, networking, medical and industrial applications.

The Penang investment aligns with customer demand for diversified supply chains and expands TTM’s presence in Southeast Asia.

The company stated that it does not expect a significant financial impact from these investments, but both projects are key to its long-term growth and global production resilience.

Synopsys Completes Ansys Acquisition

SUNNYVALE, CA – Synopsys in July officially completed its acquisition of Ansys, finalizing a deal first announced in January of last year. The move combines Synopsys’ strengths in silicon design and IP with Ansys’ system simulation capabilities, positioning the company to address a market now estimated at $31 billion.

“This is a transformational milestone,” said Synopsys CEO Sassine Ghazi. “With Ansys onboard, we can ignite innovation from silicon to systems, enabling engineers to develop complex AI-powered products faster and more efficiently.”

The combined roadmap includes plans to release the first integrated capabilities by the first half of next year, supporting advanced packaging, testing and system-level simulation for industries such as semiconductors, automotive, aerospace and industrial tech.

TTM Technologies Advances Syracuse Facility Toward Readiness

SYRACUSE, NY – TTM Technologies reports significant construction progress at its upcoming uHDI PCB manufacturing facility in Syracuse, as the company enters a critical summer build phase. Site curbing is underway, with paving having commenced in June. Transformers are now set and scheduled for energization in the coming weeks, while final glazing and exterior finishes are on track for July completion.

TTM’s technical team will arrive onsite this summer to begin equipment installation and system integration, initiating the transition from construction to early operations. The Syracuse facility will expand TTM’s advanced manufacturing capabilities and reinforce its position in the uHDI and high-reliability PCB segment.

Syrma SGS to Offer PCBs through New JV

BENGALURU, KARNATAKA, INDIA – Syrma SGS Technology in July signed a joint venture (JV) agreement with South Korea-based Shinhyup Electronics to manufacture multilayer printed circuit boards and flexible circuits under a wholly owned subsidiary named Syrma Strategic Electronics Pvt. Ltd.

According to the filing, Syrma SGS will initially hold a 75% stake in the new entity, with Shinhyup Electronics holding the remaining shares.

The move extends Syrma SGS’s electronics assembly manufacturing capabilities by adding PCB fabrication, giving the company more control over its supply chain.

Zollner Acquires Bluechips Microhouse

CHIANG MAI, THAILAND – Zollner Elektronik has finalized its full acquisition of Thailand-based Bluechips Microhouse, strengthening Europe’s largest domestic EMS company’s presence in Southeast Asia. Terms were not disclosed.

Located in Chiang Mai, Bluechips Microhouse site is expanding with a new ISO Class 7 cleanroom. Zollner is making targeted investments in technologies and sustainable energy infrastructure at the location. The acquisition is part of the company’s broader effort to build a diversified supply chain.

“This is more than a growth initiative – it’s about deepening our global integration and opening new pathways for collaboration with our customers and employees,” the company stated.

Scanfil to Acquire MB Elettronica

FINLAND & ITALY – Scanfil in July announced a strategic merger with Italian-based MB Elettronica, building its position in the European EMS market. The move brings Scanfil’s global factory count to 16 across four continents and grows its workforce to over 4,500.

MB Elettronica had 2024 sales of EUR 98.4 million ($116 million), with an EBIT of EUR 6.8 million and an EBIT margin of 6.9%. On a cash- and debt-free basis, the enterprise value is a minimum of EUR 73 million. Scanfil will pay a maximum additional fee of EUR 50 million based on the unit’s financial performance in 2025 and 2026. The transaction will be paid in cash and financed with Scanfil’s existing credit facilities.

MB Elettronica operates four plants in Italy and brings around 500 employees to the Scanfil Group. The acquisition enhances Scanfil’s reach in Southern Europe and adds strong capabilities in the Aerospace and Defense sectors, with both companies citing complementary customer portfolios and expanded cross-selling opportunities.

Scanfil CEO Christophe Sut called the merger a “European EMS powerhouse,” while MB CEO Roberto Banelli emphasized cultural alignment and long-term growth potential under Scanfil’s ownership.

Compal Opens Automotive Electronics Plant in Poland

CZELADZ, POLAND – Compal Electronics has completed the first phase of its new automotive electronics manufacturing facility here. The plant will focus on electronic control units (ECUs), with plans to later include ADAS and autonomous driving system sensors.

The EMS/ODM will commence initial production later this year and scale to volume in 2026. The fully automated plant will house seven cleanroom assembly and testing lines, supporting an annual capacity of up to 3.5 million units.

An expansion remains under consideration pending future trade and tariff developments.

PE Group Acquires Arian EMS, Plans Expansion

ASHINGTON, NORTHUMBERLAND, UK – Arian EMS has been acquired by investment group CorpAcq, with plans to create up to 30 new jobs and double the size of its operations. The Ashington-based firm, which specializes in printed circuit board assembly and testing for sectors like automotive, will continue under the leadership of founder Malcolm Humble, who retains a strategic role.

CorpAcq is expected to fund investment in new machinery, a second facility, and up to four strategic acquisitions, according to reports.

“It’s a genuine partnership – CorpAcq shares our values and ambition.” CorpAcq founder Simon Orange said. “From the first conversation, it was clear Arian EMS had the energy, experience, and customer focus we look for.”

Aimtron Raises $12M to Build India Manufacturing Facility

VADODARA, GUJARAT, INDIA – Aimtron Electronics has secured approximately $12 million through the issuance of convertible warrants to fund a new electronics manufacturing facility here. The financing round, approved by the board, saw participation from promoter group members Mukesh and Nirmal Vasani and institutional investors.

The new greenfield facility, planned for a three-acre site, will include up to five SMT lines and full-scale assembly operations. The expansion supports Aimtron’s strategy to scale its box-build and system-level integration business, aligned with its $120 million revenue target.

CEO Mukesh Vasani said the investment will help establish a forward-looking production hub supporting India’s electronics self-reliance goals. COO Nirmal Vasani added that the facility will reduce lead times and enable high-volume, integrated delivery under one roof.

Videoton Acquires Stake in Limtronik

BERÉNYI, HUNGARY – Videoton Group has acquired a stake in Limtronik GmbH in Germany and Limtronik USA in Colorado, marking a step in its global expansion strategy. Financial terms of the transaction were not disclosed.

The move integrates both sites into the Hungarian contract manufacturer’s network, building its reach across Europe and North America.

Videoton, one of the largest EMS companies in Europe and the largest in Hungary, says the acquisition enhances its vertical integration and provides Limtronik with broader manufacturing and box-build capabilities. The companies plan to leverage each other’s strengths to improve proximity to customers, expand market presence and meet demand in sectors like defense, medtech and semiconductors.

While Videoton has operated a German sales office for three decades, this is its first foray into manufacturing outside Eastern Europe. The Limburg and Denver facilities offer new local production options for both Videoton and its European SME clients now seeking US-based manufacturing, the company said.

Limtronik’s leadership will remain involved to support long-term integration and growth within Videoton.

Critical Manufacturing Acquires AI Image Specialist Convanit

PORTO, PORTUGAL – Critical Manufacturing in late July announced the acquisition of Convanit, an AI specialist focused on image-based analytics for high-tech manufacturing. Financial terms were not disclosed.

Critical Manufacturing, a provider of manufacturing execution systems, said the acquisition marks a “significant step: in expanding the capabilities of its data platform, enabling customers to harness visual AI to drive greater precision, automation and insight.

Convanit offers an image classification engine built for complex industrial environments. It is said to permit manufacturers to swiftly build and deploy custom AI models for visual inspection without the need for specialized programming or data science skills.

“Manufacturers face growing pressure to deliver higher quality, faster and ensure complete traceability, yet visual data remains one of the most underused assets on the shop floor,” said Francisco Almada Lobo, CEO, Critical Manufacturing. “By integrating Convanit’s advanced AI-powered image analytics into our platform, we are transforming how customers convert unstructured image data into actionable, contextualized intelligence. This acquisition is a key milestone in our vision for truly data driven, Industry 4.0 manufacturing.”