PCB Industry Evolution: From Mom & Pop Shops to Consolidation

OnTrack · 26 Aug 2025 · 38m · Episode 310

What this episode covers

Dan Beaulieu, founder and president of DB Management Group, discusses the consolidation of the North American PCB manufacturing industry, noting a drop from 1,300 shops in 2005 to roughly 130 today, with 90 under $5 million in revenue. He highlights the rise of substrate fabrication as a key growth area, citing RemTech and Brian Bullier, and explores the potential for captive manufacturing models similar to those seen with Elon Musk’s Texas facility. Beaulieu also emphasizes that superior customer service and meaningful training are critical differentiators for surviving small shops in a consolidating market.

Mentioned

Companies
DB Management Group, RemTech, Sierra Circuits, Main Electronics, Rockwell International, Nordstrom, Zappos
Also
iConnect

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