Circuits Assembly Online Magazine - Current Issue

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ATLANTA - UP Media Group Inc. today announced the winners of its 2005 Service Excellence Awards (SEAs) for Electronics Manufacturing Services (EMS) providers and Electronics Assembly Equipment, Materials and Software suppliers. Circuits Assembly magazine recognized the companies that received the highest customer service ratings, as judged by their own customers, during a ceremony at the Apex trade show in Anaheim, CA.

In the EMS category, the overall winners were Plexus Corp. (for companies with revenues over $500 million); Reptron Manufacturing Services and Creation Technologies (revenues between $100 and $500 million); and Key Electronics (revenues less than $100 million).

NORTH BILLERICA, MA - BTU International, a maker of thermal processing equipment, swung back to profitability despite lower quarterly sales.

Net sales for the quarter ended Dec. 31 were $13.6 million, down from $15.4 million sequentially but up from $7.8 million a year ago. Net income was $70,000, versus a net loss of $2.4 million sequentially and a net loss of $1.6 million last year. BTU took a one-time restructuring charge of $1.6 million in the third quarter.

For the year net sales nearly doubled to $54.6 million, versus $28.5 million. The net loss for was $4.2 million, including $1.6 million in charges. BTU lost $6.8 million in 2003.

In a press statement, chairman and CEO Paul van der Wansem said, "The general trend in capital spending levels in many of the markets we serve has been cautious, with an indication of growth in Asia and Europe. The operations in China are proceeding according to plan."