Restronics Northland
We provide a consultative approach to how we our Manufacturer Partners. We are here for you to help find the solutions you're looking for regarding Printed Circuit Board and Medical Device Manufacturing.
We appreciate you taking the time to visit the Restronics Northland website. This site has been designed to be a valuable tool for all: Our Manufacturer Partners, our Distribution Partners, and ultimately, our Customer Partners.
The website is built to educate, inform, and be a place to get inspired and sharing your experience with us. It’s crucial to me that the site useful to you. So, if you have any suggestions, things you want to explore, or, just want to leave us a note, I invite you to do so.
Sincerely,
-- Ralph
Ralph Savage
Managing Partner, Restronics Northland
Our St Paul Team represents the top product lines in the electronic manufacturing equipment and supplies industry.
Our goal is to find and represent the perfect solution for your medical equipment and electronic manufacturing equipment and supplies. Let’s get together and discuss your needs.
Electronic Manufacturing Industry Statistics and Growth Projections
Industry trends show that there are a variety of factors changing the industry. There are a sampling of key stats that have been featured as a result of this. A sampling ofhe most notable include:- Hourly downtime affects most businesses. 98% say it may cost them at least $100,000 per hour.
- Predictive maintenance could decrease costs by 20%.
- Unplanned outages can be reduced by up to 50% by predictive maintenance.
- 72% of large companies must maintain 99% minimum uptime.
- Electronic manufacturing is expected to grow by roughly 8% by 2025.
- 50% of IoT spending is porjected to be focused on transportation, logistics, and discrete costs.
- 40% of IoT customers prefer working with a pre-established company.
- 63% of companies believe that investing in IoT devices will increase profitability.
- Three-fourths of companies will have digitized their supply changes by 2021.
- Close to one third of companies have already implemented IoT into their devices.