News
MILPITAS, CA -- Solectron Corp. president and chief executive Michael Cannon resigned yesterday, effective immediately, to take a job as president of global operations at Dell.
Chief financial officer Paul Tufano, 53, was named interim CEO and principal executive officer. A search is underway for a permanent replacement. Tufano has been executive VP and CFO since Jan. 30, 2006.
Chief financial officer Paul Tufano, 53, was named interim CEO and principal executive officer. A search is underway for a permanent replacement. Tufano has been executive VP and CFO since Jan. 30, 2006.
JACKSON, MI -- EMS provider Sparton
Corp. reported fiscal second quarter sales rose 40.8% to $53.1 million over the same quarter
last year. For the three months ended Dec. 31, the net
loss was $1.4 million, vs. a net profit of $202,000 last year. The results were lower due to the redesign and rework of existing sonobuoys to
address issues from failed drop tests which occurred during the first
quarter of fiscal 2007.
THIEF RIVER FALLS, MN - Digi-Key Corporation and Sanyo Energy (USA) Corporation announced the signing of a distribution agreement. Digi-Key is stocking lithium, nickel-cadmium and nickel metal hydride batteries in a wide variety of sizes, as well as battery packs made with Sanyo batteries. These products will be available directly from Digi-Key and will be featured in both its print and online catalogs. Sanyo Energy provides rechargeable power for phones, computers, power tools and a wide variety of portable devices.
Press Releases
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- Scanfil Appointed Anna-Maria Tuominen-Reini as Chief Supply Chain Officer
- BEST Inc. Provides High-Reliability BGA Reballing and Component Rework Services
- ProcureAbility Releases New Benchmarking Report Confirming Widespread AI Development and Adoption in Procurement with Focus on Targeted Enterprise Results