News
ST. LOUIS -- LaBarge Inc. said Tuesday that it received a $1.3 million contract from Applied Marine Technology Inc. to build a variety of cable assemblies for U.S. Marine Corps military applications.
Production began last month at LaBarge's Berryville, AK, facility, and is expected to continue through next month.
AMTI makes homeland security products.
Production began last month at LaBarge's Berryville, AK, facility, and is expected to continue through next month.
AMTI makes homeland security products.
JACKSON, MI -- Electronics manufacturing services provider Sparton Corp. will close its manufacturing operations in Deming, NM, by March 31, the company said Monday, citing competitive issues.
The site builds cable wire harness assembly services for transportation customers. The current business climate, offshore pricing pressures and lower demand have diminished Sparton's ability to turn a profit in the cable wire harness market, Sparton said in a release.
The company expects no adverse financial impact from the site closure.
Sparton said it would complete and ship all current commercial customer orders as scheduled. Existing intra-company production will be transferred to other Sparton facilities as soon as possible.
The site builds cable wire harness assembly services for transportation customers. The current business climate, offshore pricing pressures and lower demand have diminished Sparton's ability to turn a profit in the cable wire harness market, Sparton said in a release.
The company expects no adverse financial impact from the site closure.
Sparton said it would complete and ship all current commercial customer orders as scheduled. Existing intra-company production will be transferred to other Sparton facilities as soon as possible.
ANGLETON, TX -- Benchmark Electronics Inc. on Monday completed its purchase of Pemstar Inc. after the boards of both companies signed off on a final agreement.
Benchmark, the world's 8th largest electronics manufacturing services company, paid 0.16 of a Benchmark share for each Pemstar share. Shares of Pemstar last closed at $3.98 Friday on the Nasdaq exchange.
Benchmark, the world's 8th largest electronics manufacturing services company, paid 0.16 of a Benchmark share for each Pemstar share. Shares of Pemstar last closed at $3.98 Friday on the Nasdaq exchange.
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