-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueMoving Forward With Confidence
In this issue, we focus on sales and quoting, workforce training, new IPC leadership in the U.S. and Canada, the effects of tariffs, CFX standards, and much more—all designed to provide perspective as you move through the cloud bank of today's shifting economic market.
Intelligent Test and Inspection
Are you ready to explore the cutting-edge advancements shaping the electronics manufacturing industry? The May 2025 issue of SMT007 Magazine is packed with insights, innovations, and expert perspectives that you won’t want to miss.
Do You Have X-ray Vision?
Has X-ray’s time finally come in electronics manufacturing? Join us in this issue of SMT007 Magazine, where we answer this question and others to bring more efficiency to your bottom line.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - smt007 Magazine
Kitron Wins Additional €7 Million Contract, Expanding Presence in Industrial Automation
June 6, 2025 | KitronEstimated reading time: Less than a minute
Kitron has signed a significant manufacturing agreement with a leading customer in the industrial automation sector. The agreement covers electronics manufacturing services for a new generation of high-performance drive modules used in automation and motion control systems.
Valued at approximately EUR 7 million annually, the contract represents a strategic expansion of the partnership, with room for further volume growth in the years ahead.
Under the agreement, Kitron will provide complete box-build services from its European facilities, delivering high-quality, high-complexity assemblies tailored to demanding industrial environments. Production is scheduled to begin in the fourth quarter of 2025.
“Our ability to meet stringent requirements of advanced automation systems has been crucial in this win,” said Mindaugas Sestokas, VP Central Eastern Europe. “Following our recent win in the Connectivity sector, this agreement reflects continued momentum in building long-term value across multiple industrial segments. Our focus on quality, technical competence, and long-term collaboration continues to pay off.”
The agreement reinforces Kitron’s strong position in the Industry market sector, where automation and digital control technologies continue to drive demand for robust and scalable manufacturing solutions.
Suggested Items
IMI Signs Share Purchase Agreement to Sell Its Czech Republic Manufacturing Site
06/06/2025 | IMIIntegrated Micro-Electronics Inc (IMI), through its wholly-owned subsidiary, Coöperatief IMI Europe U.A., has signed a share purchase agreement to sell 100% of the shares in IMI Czech Republic (IMI CZ) to KEBODA Deutschland GmbH & Co. KG, a subsidiary of Keboda Technology Co., Ltd. (Keboda), a publicly listed company in China.
SINEXCEL, Phoenix Contact Sign Global Strategic Partnership Agreement
05/23/2025 | PRNewswireSINEXCEL has officially signed a global strategic partnership agreement with Phoenix Contact at the PHIIDF (Phoenix Contact Innovation and Industry Development Forum) in Shenzhen.
Transom Capital, SigmaTron Announce Entry into Merger Agreement
05/22/2025 | Globe NewswireTransom Capital Group, LLC, an operationally focused middle-market private equity firm, and SigmaTron International, Inc., an electronic manufacturing services company, announced that they have entered into a merger agreement pursuant to which an affiliate of Transom will acquire the Company.
Lockheed Martin Expands Industrial Cooperation in Spain with New PAC-3 MSE Agreement
05/19/2025 | Lockheed MartinLockheed Martin subsidiary Lockheed Martin España S.A. signed a significant industrial cooperation agreement with the Spanish Ministry of Defense, providing the Spanish defense industry with increased engineering and production capability.
Seoul Semiconductor, Seoul City Join Forces to Enhance Public Safety
05/19/2025 | BUSINESS WIRESeoul Semiconductor Co., Ltd.a leading global innovator of LED products and technology, announced that it has signed a “Standard Safety Design Agreement” with the Seoul Metropolitan Government to enhance citizen safety in tunnels and underpasses throughout the city.