News
LUXEMBOURG – Top tier EMS firm Elcoteq has scheduled a round of statutory cooperation procedure talks in Finland.
"The company estimates that the need for possible personnel reductions in Finland could apply to at most about 50 people across all employee categories," the company said in a statement.
The news comes on the heels of an announcement of the shuttering of the company's manufacturing plant in Salo, Finland. That move cost 36 employees their jobs.
Elcoteq currently has roughly 21,000 employees worldwide, approximately 180 in Finland.
ARLINGTON, VA – Electronic component orders took a dip in November, although not nearly as drastic as the one in September, says the Electronic Components Association. The 12-month average, comparing this year’s results to those from 2007, continued the slight descent that began this summer.
HIALEAH, FL -- Simclar Inc. intends to voluntarily delist its common shares from the Nasdaq Capital Market and voluntarily deregister its common shares by Dec. 19 and cease filing reports with the Securities and Exchange Commission, the EMS company said today.
The company, a 73.4% owned subsidiary of privately held Simclar Group Ltd., said the costs of its Nasdaq listing and SEC compliance is "substantial" and the benefits "intangible."
The company, a 73.4% owned subsidiary of privately held Simclar Group Ltd., said the costs of its Nasdaq listing and SEC compliance is "substantial" and the benefits "intangible."
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