Reading time ( words)
Scanfil increases its factory’s production area by 50 percent in Atlanta, the USA. The expansion is a production facility of approximately 6,000 m² close to the existing factory. Production in the facility has been estimated to start in the second quarter of 2022.
“Customer demand increased significantly in 2021, and the USA market is one of the fastest-growing countries in Scanfil’s market areas,” says the CEO of Scanfil Petteri Jokitalo. ”To respond to the increasing demand, we kicked off this expansion project in Atlanta”.
“This investment represents Scanfil’s commitment towards growing and expanding with and for our customers in the USA market,” continues Orlando Martinez, the Managing Director of the Atlanta factory. “This enables us to continue delivering the best in class service along with the flexibility and scalability options expected by our client base.”
The current factory facility is approximately 12,000 m². Atlanta is a modern factory mainly focused on the assembly of MedTech, power electronics, refrigeration, acoustic panels, IoT, and solutions for payment cards. Additional key services include distribution and Repair as a Service. Scanfil Atlanta is a so-called close-to-customer market factory specializing in serving demanding global and local customers.
Dan Beaulieu, D.B. Management Group
M&A activity is on the rise and shows no indication of slowing down, even if interest rates climb. In the past two years, there were more than 45 deals. Where does your company fit in? In this interview with Dan Beaulieu, M&A expert Tom Kastner breaks down the market and who benefits most when it comes to buyers, sellers, and where you live.
I-Connect007 Editorial Team
No doubt you will relate to Foad Ghalili when he expresses his concerns about rising input costs to doing business, from getting the right components, to delivery times, and price increases. But what’s unique for the president of Epoch International is the way his company has leveraged its U.S. and China operations to make the most of the other thing on everyone’s mind—the labor shortage. If you’re not already implementing his ideas, you will walk away from this interview with some sure-fire tips.
Bill Cardoso, Creative Electron
At this stage, we are all aware of the semiconductor shortage. While chips are still in short supply, there’s been no shortage of news stories about the chip shortage. If media coverage of the problem actually generated chips, the shortages might well be over. We’ve all seen stories about exploding demand for consumer electronics, factories shuttered during COVID-19 lockdowns, supply chain bottlenecks, a dearth of raw materials, and even drought, all in an effort to explain why we can’t get enough of these critical components.