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PCB Technologies Secures $65 Million Medical Manufacturing Contract

A $65 million deal for electronic packaging products will keep Israel-based PCB Technologies busy through 2028. The company, which specializes in complex circuit board assemblies, confirmed the award on August 23, cementing a multi-year partnership with an unnamed global leader in the medical device sector.

The contract covers the 2027 and 2028 calendar years, providing a significant revenue stream for the Migdal Haemek-based manufacturer. While the company projects total sales of approximately $65 million, the final figure remains subject to the client’s right to adjust order volumes based on market demand. The agreement builds on an existing relationship, highlighting the firm's entrenched position within the high-stakes medical electronics supply chain.

Founded in 1981, PCB Technologies manages the entire product lifecycle, from initial prototyping to high-volume manufacturing. The company focuses on mission-critical sectors, including aerospace, defense, and robotics. Its capabilities, bolstered by the iNPACK subsidiary, center on miniaturization and advanced IC packaging. Despite the optimistic outlook for the tender, the firm noted that actual results depend on volatile factors, including potential shifts in client requirements and broader market fluctuations.

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