MAHWAH, NJ – GSI Group Holdings has acquired Aven Tools, adding the precision tool and microscopy equipment provider to its portfolio of laboratory and industrial workflow brands.

Read more ...

BANGKOK -- A subsidiary of Fabrinet has acquired a Santa Clara, CA, office campus in an all-cash deal worth $76.9 million. 

The three buildings on Bunker Hill Lane comprise about 225,000 square feet. The contract manufacturer also owns a building on nearby Patrick Henry Drive, also through a subsidiary. The Thailand-based company has locations around the globe.

HONG KONG -- Kingboard Holdings is reporting a net profit of HK$2.7 billion for the six months ended June 30. This marks a 4% increase over the same period last year, and is primarily driven by its laminate business, which saw profit growth of more than 200% amid strong demand and shortages of laminates and other materials.

Kingboard management believes this profit growth is the result of an increase in laminate sales volume and higher selling prices.