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GLENVIEW, IL – Illinois Tool Works reported revenue for the Test & Measurement/Electronics group was down 3.5% to $524 million in the first quarter. Operating income for the segment was $126 million, down 0.8% year-over-year.

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TORONTO – Celestica posted first quarter revenue of $1.43 billion, down 4% year-over-year.

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MAUMEE, OH – Pinnacle Technology Group announced plans for a new production facility here.

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MADISON, WI – Foxconn Technology Group says it remains committed to a $10 billion Wisconsin project that will employ up to 13,000, while the firm looks for "flexibility" in the current deal, according to reports.

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ST. PETERSBURG, FL – Jabil will close one of its plants in San Jose and lay off 150 workers, the company said.

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