DENVER — August 24, 2012 — Sorrento Networks announced today that it has entered into a contract manufacturing agreement with Sonic Manufacturing Technologies to manufacture all Sorrento products. Sonic is one of the premier regional turnkey contract manufacturers in Silicon Valley, California. The company offers regional and global customers complete product lifecycle electronics manufacturing services (EMS).
In an article he wrote last year in Bloomberg BusinessWeek, Andy Grove called himself “a onetime factory guy.” It was a reminder that the 74-year-old retired chairman of Intel knows from experience how costly and risky manufacturing can be. Given these challenges, Grove argues, the U.S. government should do far more to nurture manufacturing, or else the country will face dire consequences.
Faced with rising costs, General Electric is moving production of its new energy-efficient water heater halfway around the world. The country it’s leaving? China. The one it’s bringing 400 jobs and a newly renovated factory? The United States.
A small but growing band of U.S. manufacturers — including giants such as General Electric (GE), NCR (NCR) and Caterpillar (CAT) — are turning the seemingly inexorable offshoring movement on its head, bringing some production to the U.S. from far-flung …
Taiwan’s Foxconn Technology Group, known for assembling Apple’s iPhones and iPads in China, plans to use more robots, with one report saying the company will use one million of them in the next three years, to cope with rising labour costs.