News
TEMPE, AZ – The manufacturing sector grew for the 26th straight month in July as the slowdown in May is looking more like a blip than a trend. New orders and production both saw higher rates of growth, according to the latest Institute for Supply Management (ism.ws) poll.
TORONTO -- Celestica Inc., a top tier electronics manufacturing services provider, today announced that it has acquired Ramnish Electronics, an EMS provider located in Hyderabad, India. Celestica will relocate and expand the company's operations in Hyderabad area later this year.
Terms were not disclosed.
VANCOUVER -- Nam Tai Electronics reported second-quarter net income of $6 million on sales of $185 million, a company record for quarterly sales.
For the June quarter, the EMS provider's sales were up 25.5% year-over-year, while net income fell 92.8%. In Q2 2004, the company received a one-time gain of $71 million from the IPO of one of its subsidiaries. Gross profit was up 7% to $23.8 million.
Press Releases
- Robert C. Donovan Joins DISTRON CORPORATION, Marking the Third Generation in Family Leadership
- Incap UK Invests in SMT Technology as Part of Long-Term Operational Development
- Evolve Manufacturing Celebrates 100 Years of Combined Leadership in Medical Device Manufacturing; Noreen King Comments
- STI Celebrates Christy Hill’s 20 Years of Dedicated Service; David Raby Comments