Reshoring Initiative Publishes Annual Report

U.S. Manufacturing Reshoring and FDI Top 244,000 Jobs; 2025 Outlook: Potentially Strong but Dependent on Stable Industrial Policy   Sarasota, FL —  The Reshoring Initiative 2024 Annual Report shows that 244,000 U.S. manufacturing jobs were announced in 2024 via reshoring and foreign direct investment (FDI), continuing the nation’s push to rebuild domestic production capacity. While early 2025 […]

Elon Musk’s SpaceX to build its own advanced chip packaging factory in Texas – 700mm x 700mm substrate size purported to be the largest in the industry

Although SpaceX does not produce its own chips yet, it’s reportedly expanding into fan-out panel-level packaging (FOPLP) and aiming to build a chip packaging facility in Texas. According to Digitimes, Musk’s company currently has most of its chips packaged by European company STMicroelectronics, but has also subcontracted Taiwanese firm Innolux for orders that the former cannot […]

Scanfil Expands in US and Aerospace & Defense by Acquiring ADCO Circuits

Scanfil is acquiring 80% of ADCO Circuits Inc. (“ADCO”), an Electronics Manufacturing Service company (“EMS”) based in the Greater Detroit area, the USA. This strategic acquisition accelerates Scanfil’s growth in the Americas region and the Aerospace & Defense industry, where ADCO generates 37% of its turnover. In addition to Aerospace & Defense, ADCO serves Industrial […]