Hardware Podcasts

IMI Shifts From Turnaround Mode To Focused Growth - with CEO Lou Hughes

EMS@C-LEVEL · 19 May 2026 · 23m

What this episode covers

Lou Hughes, CEO of IMI, explains how the company shifted from a turnaround mode to focused growth by consolidating its global footprint from nearly 15 sites to six, reducing net debt from $280 million to $110 million, and investing in mechanical capabilities like injection molding and machining in the Philippines and Mexico. Hughes details IMI's strategic bets on high-growth segments, including power module packaging for EVs and data centers, driver monitoring cameras, and megatronics controls, while leveraging a 'strategic supplier initiative' to add value in electromechanical commodities. The conversation highlights IMI's intentional approach to supply chain resilience, noting the shift of power module and camera manufacturing potential to India, and the continued cost-effectiveness of China operations despite geopolitical pressures.

Most relevant to

companies scaling up

Topics

Mentioned

Companies
IMI, Koh Young, Global Electronics Association
Products
EasyPack, HALP

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