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On March 22, 2021 AMETEK, Inc. announced that it has entered into a definitive agreement to acquire Abaco Systems, Inc., a leading provider of mission critical embedded computing systems, from Veritas Capital in an all-cash transaction valued at $1.35 billion.  The transaction is subject to…

Taiwanese semiconductor manufacturer PANJIT International’s Gangshan fab was hit by a fire on March 29, 2021. All employees were evacuated safely. The fire was put out shortly thereafter. The company stated that the location of the fire was in the electrical room on the top…

An ultra-large container ship operated by Evergreen ran aground on the Suez Canal on Tuesday, March 23.  This container ship as since blocked traffic on one of the world’s most important waterways, Egypt’s “Suez Canal”. Located 75 miles east of Cairo, the canal links the Mediterranean…

Renesas Electronics Corp., one of the biggest makers of automotive chips, reports a fire at its Naka factory has temporarily halted all production.  The fire occurred at the Renesas Naka factory (located in Hitachinaka, Ibaraki Prefecture) on March 19, 2021, at 2:47 am in their…

In March 2021, the EPA announced a 60-day public comment period to collect additional input on five final rules for persistent, bio accumulative and toxic (PBT) chemicals issued  January 6, 2021 under the Toxic Substances Control Act (TSCA). The EPA is issuing a temporary 180-day…

Risk is inherent in every company’s global supply chain.  Risks to seriously consider include, but are not limited to: export controls and sanctions, environmental, social and governance compliance requirements, labor laws, and health and safety laws.   What Compliance Considerations Exist Today? The two most…