FTG To Be A Major BeneficiaryIPC is reporting that the North American PCB industry book-to-bill ratio is at a 12-year high of 1.16 reaching its highest level since 2005. Industry book-to-bill ratios have been above parity for 12 consecutive months with PCB bookings increasing 25 percent year-over-year. While record breaking book-to-bill ratios may be regarded as quite gratifying, although realistically unsustainable, it would be a very positive outcome with respect to generation of industry revenue over the longer term if ratios were to be maintained in the range of 1.05 +/-. In the meantime, as one of the industry's significant players, FTG appears certain to be one of the major beneficiaries of the much improved North American PCB market within the short term.