News
Eleven Cookson Electronics employees representing offices around the globe have been awarded the Presidents Award for their work in 2003. The awards were officially presented at a ceremony at the Castle Hill Inn and Resort, Newport, RI, in May, with 65 employees and guests in attendance.
Doreen Agnew, Robert Wallace, Gary Klimala, Robert Cahill, Wim van Ravenswaay, Rich Caron, Rick Correia, Stephen Whitehead, John Tremblay, Mark Foster and Axel Fuhrmann were presented awards for specific achievements that have gone above and beyond their day-to-day responsibilities with direct impact on the business.
"This is a very prestigious honor that recognizes the highest level of performance within our organization," said Allan MacDonald, vice president of human resources. "These employees should be very proud of their accomplishments."
The ceremony included an opening video and introductions of each recipient, along with a description of his or her accomplishment by the individuals who nominated them for the recognition award.
Cookson Electronics is a supplier of assembly materials, semiconductor packaging and specialty chemicals and coatings used in the electronics assembly and surface finishing industries.
Copyright 2004, UP Media Group. All rights reserved.
Cookson Electronics Assembly Materials (Jersey City, NJ) will implement a tin surcharge covering the dramatic increase in the cost of tin on all invoices for ALPHA solder paste when the London Metal Exchange price exceeds $9,500/metric ton. The surcharge calculation is based on official LME pricing (www.lme.co.uk) which confirmed that tin prices more than doubled in the last six months over the previous two-year average.
In May, the price of tin broached the $10,000/per metric ton psychological level. Adding to the upward price pressure on tin, some analysts and research groups suggest that the production of tin for 2004 will be approximately 6% less than the demand. Prices for other metals over the same period have also risen sharply with copper up 91%, lead up 128%, nickel up 146% and silver up 95%. The surcharge does not address the cost increases for these metals.
"This year-long run up in the cost of tin has hit us particularly hard," said David Zerfoss, president of Cookson EAM. "An example of its impact is that 63% of 90% of the solder paste we ship worldwide is tin...Given this severe cost increase situation and the importance of tin in the assembly process, we are forced to ask our customers to share the burden with us. As soon as tin prices drop below $9,500/metric ton, I will rescind the surcharge."
Copyright 2004, UP Media Group. All rights reserved.
FEINFOCUS (Stamford, CT), a supplier of x-ray inspection systems and tube technology, announces two new additions to the application engineering staff: Dr. Guido Rademaker and Thomas Pukall. With the addition of Dr. Rademaker and Pukall, the company has substantially increased its applications staff.
Under the leadership of newly appointed director of technology development, Dr. Udo E. Frank, the application staff is responsible for identifying future market demands in the global electronics industry and tailoring an x-ray solution to fit each requirement.
The company also announced that Dr. Frank will be the keynote speaker for FEINFOCUS' global technical seminar series on x-ray inspection technology. The company is sponsoring this program in an effort to educate customers on the most recent advances in x-ray inspection technology.
Copyright 2004, UP Media Group. All rights reserved.
Press Releases
- 4FRONT Solutions Invests in Seica’s PILOT V8 NEXT Flying Probe Tester to Enhance Test Capabilities at DeLand, FL Facility; Mike Sementelli Comments
- FRANK Elektronik invests in high-precision SMT line with ASYS machines; Robert Both Comments
- SASinno Americas Opens State-of-the-Art Facility in Washington, Missouri to Support North American Manufacturers; Mike Young Comments
- ZESTRON Hosts Webinar on “Electronic Assembly Failures, Solutions and Lessons Learned for Long Term Reliability”