In May 2023: Creation Technologies opened a new manufacturing plant in St. Peter, USA, expanding its floor space to 88,880 square feet. This facility offers integrated Electronic Manufacturing Services (EMS) and provides design, supply chain, and aftermarket solutions for OEM manufacturers in automotive, aerospace, and defense industries.
In October 2022: Benchmark Electronics Inc., a global leader in manufacturing, design, and engineering services, joined forces with Yield Engineering System, expanding its production capabilities in Malaysia.
In February 2022: Foxconn, a leading global electronics manufacturer, entered into a Memorandum of Understanding (MoU) with the Indian conglomerate Vedanta, investing USD 118.17 million in a 40% stake joint venture. This collaboration aims to boost electronic manufacturing in India.
In March 2021: Plexus Corp. announced plans to construct a manufacturing facility spanning 400,000 square feet in Bangkok, Thailand. The facility will feature two levels for production and warehousing, along with four levels for office space, to seize growth opportunities in the Asia Pacific region.
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