Reading time ( words)
HANZA Holding AB has signed a manufacturing agreement with a global developer of digital security solutions. Production will take place in HANZA's Swedish manufacturing cluster with an initial order value of approximately SEK 30 million annually.
The customer is a global security company that has developed a new standard for easy and secure access to computers, mobile devices, servers and Internet accounts. The purpose is to prevent unwanted data breaches.
“We are proud to be chosen as a manufacturing partner for this project, which is mainly due to two things. Partly our ability to meet the rigorous security requirements, where we work according to our information security certificate ISO27001. Partly our manufacturing concept, with a complete and flexible production environment that enables us to quickly adapt to volume increases," says Veronica Svensson, Sales Director Scandinavia.
Serial production is intended to start during the second quarter of 2022.
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.
Zac Elliott, Siemens Digital Industries Software
Let’s face it, in the past, electronics manufacturing has not been a big business for North America. A majority of electronics are assembled in Asia where supply chains and operating costs offer many economic advantages. In North America, the electronics manufacturing industry has been generally focused on lower volume, high-cost devices, while higher volume products are produced elsewhere. However, the COVID pandemic and various legislation in the U.S. are changing the situation, making electronics manufacturing in North America a more attractive option. How can factories in North America compete for the same type of manufacturing traditionally performed in lower-cost regions?