| SRI Holding Declared Insolvent |
 |
 |
 |
| Written by Mike Buetow | |||
| Tuesday, 10 July 2012 09:20 | |||
|
DURACH, GERMANY-- Another Top 50 EMS company is undergoing reorganization. SRI Holding, which includes SRI Radio Systems, filed for insolvency on July 5 in Kempton, Germany.
The insolvency filing also includes a third unit, SRI Logistics. A German court appointed Thomas Karg as interim solicitor for the three business units. SRI Radio Systems was ranked 46th in last year's CIRCUITS ASSEMBLY Top 50. It has estimated 2011 sales of $283 million and nearly 600 full and part-time employees. It operates out of a facility in Durach, in Southern Germany. Siemens founded what eventually became SRI Holding in 1962. SRI Radio Systems spun out in 1997. SRI follows Elcoteq and SMT Holdings as major EMS companies that have fallen into bankruptcy during the past 12 months.
|
|||
| Last Updated on Tuesday, 10 July 2012 09:30 |
Columns
| Semblant Warms to New Fluoroolymer Conformal Coating |
|
Months after hinting at a new conformal coating during a paper session at SMTA International, Semblant has officially launched PlasmaShield. CIRCUITS ASSEMBLY editor in chief Mike Buetow spoke with vice president of worldwide sales and marketing Steve McClure last week. |
| Read more... |
| ECTC in Las Vegas |
What happens in Las Vegas at ECTC, doesn’t stay in Las Vegas, it is shared here. This year’s ECTC, or electronics components technology conference, was held in Las Vegas’ Cosmopolitan, May 28-31. |
| Read more... |
Features
| The Impact of Reel Splicing Kits on Setup and Changeover |
Traditional feeder setup using tape-and-reel can drain time. There’s a quick and better way. |
| Read more... |
| Standard Solar Cells vs. Next-Gen Cells: Which is Winning? |
Overcapacity is stalling the rate of improvement, but only for so long. |
| Read more... |
Search
Search
Login
CB Login
Language
Language
Products
TOM system (Teachable Optical Measurement) inline AOI has been enhanced for inspection of conformal coating Maximum PCB size 460 x 400mm. Can be adjusted to specific test requirements. Range of...
