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Variosystems Expands in Mexico
February 19, 2021 | Variosystems AGEstimated reading time: Less than a minute
Variosystems is constantly looking for new ways to provide complete flexibility to its customers. With the 2020 pandemic, the tariffs on China products and the high intercontinental transport costs, it became clear that there was a need for a North-American high volume facility able to support labor intensive assemblies.
Juarez, Mexico was selected as the company's 7th production facility. This new addition is a great opportunity for customers to bring production closer, minimizing tariffs and reducing lead times, while keeping an aggressive cost structure.
This 70,000 ft2 facility will support electronic assembly, system integration and potentially wire harness production. Harmonization being at the forefront of our long term vision, all processes, software tools and critical equipment will be identical to our other facilities, providing redundancy and ease of product transfer.
The production is expected to start by Q3 2021 and will employ over 250 skilled operators, engineers and supervisors by 2024.
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Catching Up With TapRen Tech Solutions’ Tristan Ren
05/21/2024 | Dan Beaulieu, D.B. Management GroupI am always looking for companies that develop new and innovative ways of doing things, so I was delighted when I got a call from Tristan Ren, who wanted to tell me about his new company TapRen Tech Solutions. As I talked to “Ren,” I realized this was not your normal value-added broker. (I know everyone hates that term but that’s what many of these companies are.)
Quantic Electronics Announces Acquisition of M Wave Design
05/20/2024 | Quantic ElectronicsQuantic® Electronics, a portfolio company of Arcline Investment Management, announced the acquisition of M Wave Design, a leading supplier of ferrite-based RF and Microwave components for aerospace, defense, and quantum computing applications.
Danutek Celebrates 20 Anniversary
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GlobalFoundries Appoints KC Ang as President of Asia
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Altus Adds PVA's Game Changing PathMaster X Software to Portfolio
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