Deere invests $29.8M to shift production from China to Louisiana

SOURCE: Seeking Alpha Deere (NYSE:DE) is investing $29.8 million to begin making harvesters in the United States instead of China. The agricultural machinery giant is expanding its factory in Thibodaux, Louisiana, and adding 70 jobs, the state’s development agency announced. “This investment by Deere & Company demonstrates not only the strength of Louisiana’s manufacturing sector, […]

Foxhole Group and CCK Automations add East Coast Footprint and Significant New Operating Capabilities with Acquisitions of OSDA and Argo EMS

  Jacksonville, IL – Foxhole Group (“Foxhole”), a private investment firm focused on the industrial sector, announced today that it has added quick-turn and Low Volume High Mix (LVHM) capabilities to its CCK Automations platform by acquiring two PCB Assembly businesses just 33 miles apart in Connecticut. Completed as separate transactions, the CCK family of […]

Semiconductor Assembly and Testing Services Market to Reach US$ 52.1 Bn By 2029, Reports FMI

Continuous developments and implementation of new technologies such as organic-substrate-interposer technology and silicon-via-interconnection technology in the semiconductor assembly & testing services market are creating significant revenue opportunities for players in the semiconductor assembly and testing services market. Implementation of semiconductor assembly and testing services in the consumer electronics sector helps manufacturers produce semiconductors, memory chips, […]