Element Solutions Inc Announces Closing of the Acquisition of Kester and Successful Repricing of the Company’s Existing Term Loans
Closed $68 million acquisition of Kester, a global supplier of advanced assembly materials, from Illinois Tool Works Inc. Highly strategic acquisition adding scale and capabilities to Element Solutions’ market-leading assembly materials business Repriced $744 million Term Loan B to reduce borrowing cost by 25 basis points or approximately $2 million in annual interest expense Cumulative […]
Universal Adds Localized Software Center in Bratislava
Select team brings software support closer to customer base, provides time-sensitive coverage. Universal Instruments has extended its EMEA capabilities with the addition of a Software Center in its Bratislava corporate facility. Development of the new center began last year, with a focus of bringing a regional resource to Universal’s EMEA customers. The Software Center will […]
Semiconductor and Connector Sales Grew Month-Over-Month in September, But Still Down from 2018 Numbers
Originally posted on TTI’s MarketEye blog The Semiconductor Industry Association (SIA) reported September sales of $35.6 billion, down 14.6 percent from the prior year but up 3.4 percent sequentially. Regionally, for September, the SIA reported that the Americas contracted 30.4 percent year-over-year; Japan was down 10 percent; other Asia-Pacific decreased by 6.9 percent; Europe was […]
The Connectivity Files – A Series of Six Interviews – Gerry Padnos, Juki Automation Systems Inc.
Over the coming weeks, we’ll be publishing interviews conducted with experts involved in the deployment and development of smart factory solutions to get their view on the key issues surrounding connectivity. The fourth interview is with Gerry Padnos – Director of Technology at Juki Automation Systems Inc.
ECIA’s Compliance Webinar Unpacks Complexity of Unfolding Global Regulatory Tsunami
Atlanta–The ECIA, in partnership with Compliance and Risks, a UK based consultancy, recently hosted a webinar to inform its members about new regulatory legislation that will impact the electronics industry. This knowledge is essential to any company doing business with the global supply chain. Consumers in every country are increasingly concerned about the environmental and […]