Integrated Micro-Electronics Incorporated

Integrated Micro-Electronics, Inc. (IMI) inaugurated its new manufacturing facility in Niš, Serbia, investing approximately €33 million over ten years, to produce automotive electronic components.

Integrated Micro-Electronics Inc. (IMI) is building a new manufacturing facility in Niš, Serbia, to produce automotive electronics and LED lighting. The facility is expected to be complete by September or October 2018 and could bring about $250 million in revenue.

Integrated Micro-Electronics Inc. expanded its operations in Jalisco, Mexico by leasing an additional 91,752 square feet at El Salto Industrial Park to support capacity expansion.

Integrated Micro-Electronics Inc reported first half 2017 revenues of $501 million, up 22% year-on-year, driven by acquisitions and capacity expansions. The company noted ongoing capacity expansions in Europe and Mexico and a new joint venture with KTM AG in the Philippines.

Integrated Micro-electronics (IMI), the manufacturing arm of Ayala, has agreed to acquire 80% of STI Enterprises Limited, a UK-based electronics manufacturer serving aerospace, defense, and energy industries.

Integrated Micro-Electronics Incorporated (IMI) plans to build a new manufacturing plant in Serbia with an investment of $33.9 million. Construction is expected to start in 2017, with production commencing in 2018, and the plant could employ 1,250 over 10 years.