News
JACKSON, MI -- EMS firm Sparton Corp. reported net sales of $50.5 million for its fourth quarter ended June 30, up 9.6% over last year. Net income fell 95% to $468,000
from $4.94 million last year.
BEIJING -- The Chinese government ordered Foxconn's Shenzhen EMS site to create a union for workers this year, according to the Beijing News today.
Shenzhen officials have reportedly told Hong Fu Jin Precision Industry, the local name of the Foxconn plant, to set up a union by the end of this year, the paper said.
Shenzhen officials have reportedly told Hong Fu Jin Precision Industry, the local name of the Foxconn plant, to set up a union by the end of this year, the paper said.
CHICAGO -- In its annual world
outlook for commercial airplanes, Boeing predicts a 6.1% annual increase in air cargo traffic over the next 20 years. Coupled with higher fuel costs, that suggests cargo rates will continue to fly higher in coming years.
The world's largest maker of planes also predicts passenger traffic to increase 4.9% a year through 2025.
The company said worldwide air freighter fleet will nearly double over the next 20 years to 3,560 airplanes, from 1,790.
The world's largest maker of planes also predicts passenger traffic to increase 4.9% a year through 2025.
The company said worldwide air freighter fleet will nearly double over the next 20 years to 3,560 airplanes, from 1,790.
