Issue link: https://iconnect007.uberflip.com/i/1534385
32 PCB007 MAGAZINE I APRIL 2025 Looking ahead, we expect moderate organic growth, but the opportunity for increased investment in acquisitions will present itself this year. With supply chain shis and tariff concerns, many smaller businesses will strug- gle to compete. In 2026, we predict stronger growth, possibly double what we anticipate for 2025. However, the PCB market is dynamic, with increasing demands for advanced technol- ogy, supply chain resilience, and cost effi- ciencies. Our strategy is centered on both organic growth and strategic acquisitions. We are actively looking for strongly aligned, PCB-focused businesses with a quality-first approach to bring into NCAB Group, allowing us to expand our capabilities and strengthen our position in the U.S. market. When we acquire companies, our main focus is on customers and employees. One of our greatest strengths from this approach has been our high employee retention rate. When we acquire companies, we focus on integrating the teams and providing long-term career stability and opportunity. is approach has been a big part of our success. For customers, this strat- egy translates into increased buying power, stronger supplier relationships, and enhanced technical expertise—making us an even stron- ger partner in the industry. With a new U.S. administration, what are you paying close attention to? How does this weigh into your strategy over the next few years? Tariffs are a major concern. Many of our customers are waiting to see what happens, particularly with poten- tial tariff increases on products from China as well as other global trade pol- icies. is is influencing the industry in numerous ways, and we are closely monitoring these developments. Given the current political climate, diversification of the supply chain and developing strong relationships with our suppliers have become a key part of our strategic planning. We are invest- ing significant resources in sourcing activities in ailand, South Korea, Taiwan, Singapore, etc., and strengthening partnerships to ensure pricing stability, quality predictability, and a stable supply chain for our customers. We are proactively negotiating and set- ting baseline pricing while weighing country- to-country costs, with and without tariffs, to ensure financial sense while mitigating supply chain risks. Additionally, we remain focused on educating our customers on new technolo- gies and alternative production solutions out- side China and the U.S. Defense production is also a growing focus. Should domestic capacity for defense-related manufacturing become more constrained, we are ensuring that we have additional sourc- ing capacity as well as viable export control- compliant production options outside of the United States. NCAB USA has several Techni- cal Assistance Agreements (TAAs) with spe- cifically vetted and approved factories in Tai- wan for some ITAR/Export Controlled pro- duction. ese TAAs are approved and over- seen by the U.S. Department of State. In fact, our recent public webinar on these capabili- ties had the largest turnout of any webinar to date, showing how top-of-mind this is for our customers.