Issue link: https://iconnect007.uberflip.com/i/1507822
80 PCB007 MAGAZINE I SEPTEMBER 2023 It sounds like the work was primarily in con- figuring the systems to get the manufacturing results that SEL was looking for: single-sided etch on the bottom side only, for example. We had a number in our discussions with them to get them to move into a more standard dou- ble-sided etching. By demonstrating the capabil- ities of our equipment, they made that decision quite rapidly. After years of essentially no build-out in the U.S., we're starting to see some greenfield facil- ities. They tend to be captive manufacturing, like SEL. From your position at Chemcut, do you see this as an emerging trend? Professionally, I go back to the days of IBM and AT&T engaging in the captive house con- cept. I believe one of the drivers may very well be a leading-edge trend as OEMs increasingly want to protect their intellectual property. ere's recognition that the supply chain is quite fragile, and the more vertically integrated they are, the more predictable their business model will be. Do you see momentum from influences like the CHIPS Act, etc.? Yes. Also, there have been some acquisitions that could likely lead to some new facility builds. ere are various tax structures throughout the United States that can have a very positive impact on these business decisions. Mike, it sounds like this has been a worthwhile partnership. Thank you for speaking with me. Yes, I agree. ank you. PCB007 Chemcut chemical cleaning system.