Reading time ( words)
Key Tronic Corporation, a provider of electronic manufacturing services (EMS), announced that it expects to begin manufacturing in 2022 for one of the world’s leading power equipment companies.
Key Tronic has been awarded the manufacturing, as well as the next generation design of an industry leading, innovative power equipment product. Initial production is expected to ramp in 2022 at the Key Tronic manufacturing campus in Juarez, Mexico. Once fully ramped, annual revenue could approach $80 million dollars.
“We are looking forward to the design and manufacturing expertise of Key Tronic to help accelerate introduction of new products, as well as enhance our ability to increase product availability to fulfill the anticipated overwhelming demand”, said the CEO of Key Tronic’s new customer.
“We are very excited to be working with a recognized leader in the power equipment industry,” said Craig Gates, President and CEO of Key Tronic. “Our new customer is a well-known and a highly respected company. This important new strategic relationship represents an expansion of our customer base and should contribute to profitable long term growth.”
Marc Carter, Independent Contributor
Knowledge transfer, especially from the “graying-out” experienced technical workers in our industry, is a complex, difficult family of problems. It differs wildly between companies, and even within divisions of the same company. One of the biggest barriers is the full manufacturing schedules in North American electronics companies that don’t leave any slack time—and the 40-hour work week is a complete fantasy for many.
Jennifer Davis, Arch Systems
Buy new or make do? It’s an age-old debate for manufacturers who are trying to decide how best to manage machine assets inside their manufacturing facilities. New machines are expensive, but so is operating existing machines at a comparative deficit.
Duane Benson, Screaming Circuits
It’s easy to frame all our supply chain woes around the COVID-19 pandemic. However, at Screaming Circuits, we started receiving dire warnings about component shortages in early 2018. At that time, we were told that the supply upheaval could last years and that we should expect it to get much worse before it got better. Now, four years later, I would say those warnings nailed it.