Circuits Assembly Online Magazine - Features

ARMONK, NY - The groundbreaking sale of IBM's PC division to a Chinese OEM has passed a key federal review and is expected to go through.

The Committee on Foreign Investment in the United States has completed its review of the estimate $1.75 billion sale to Chinese PC maker Lenovo.

SIOUX FALLS, SD - Raven Industries Inc. today announced record sales and earnings for its fourth quarter and full year ended January 31. Net income for the quarter climbed 41% to $3.6 million. Total sales for the industrial manufacturer's rose 31% to $44 million.

For the past 12 months, Raven reported net earnings increased 29% to $17.9 million, and sales were up 18% to $168 million.

The company projects double-digit earnings growth in fiscal 2006.

The company's electronic systems division fourth-quarter sales were relatively flat at $12.2 million. Operating income declined 6% to $1.4 million. For fiscal 2005 division sales climbed 6% to $47 million, while operating profits fell 23%, to $4.5 million. "The ESD business model of providing low-volume, high-mix contract manufacturing services, coupled with strong customer service and engineering support, is still the most viable in this marketplace," the company said.

AURORA, CO - Advanced Circuits today announced the availability of a PDF preview tool said to provide an accurate, convenient view of circuit board designs prior to production.

"Traditional Gerber viewers don't always show the actual manufactured image without time-consuming setup," said Ron Huston, founder and CEO, in a statement. "PCB Check Plot Online delivers an accurate representation of the final design in a PDF format, allowing engineers to avoid costly redesign efforts and project delays once a circuit board moves into the manufacturing phase."

The tool permits engineers to upload Gerber files to Advanced Circuits' FreeDFM.com Web site and receive feedback within minutes. The feedback highlights potential design for manufacturability problems and suggests modifications. The free service requires no commitment to order.

Check Plot Online allows engineers the opportunity to remedy potential problems before declaring their design "complete."

Advanced Circuits Check Plot Online is available through its FreeDFM.com service. Engineers can view a sample of the PDF format at www.freedfm.com/checkplot.

KENOSHA, WI - SMT assembly equipment supplier Pro-Mation Inc. today named two sales persons to the Dallas area, citing increased business.

In a statement, president and CEO Gary Goldberg cited improvements in current and forecasted equipment sales for the additions.

Carey Gray and Jared Tucker will be based in the Dallas/Fort Worth area and will provide field support.

SHANGHAI - Reserved exhibition space for next month's Nepcon China/EMT China has surpassed last year's final size and more than 20% growth is expected, according to conference organizers.

The trade show, which takes place next month, will feature 700 exhibiting companies from 21 countries. Reed Exhibitions, which manages the show, forecasts 15,000 attendees from the Pacific Rim.

New for 2005 is the Soldering Zone, a showcase of the latest products and technology in soldering technology. "We are excited to be exhibiting our latest soldering equipment at the Soldering Zone. It's a rare opportunity for us to reach quality decision makers and gives us very focused platform," says David Chen, general manager of Ersa.

The show takes place April 12-15, in Shanghai. Visit reedexpo.com for details.

Nepcon is home to suppliers of equipment and materials for electronics assembly. EMT China, which is co-located with Nepcon China, focuses on component manufacturing, electronics manufacturing services and test and measurement.

The growth of the event is a reflection of the local market, Reed says. By year's end, China's electronics manufacturing base will grow by $65 billion, an increase of 135% over 2003, according to the International Finance Group. The forecasted value of China's electronics market: $247 billion.

ELK GROVE VILLAGE, IL - SigmaTron International reported third fiscal quarter net revenues of $28.3 million, up 18% for the three months ended Jan. 31. Net income was $1.4 million, up 16%, the company said.

For the nine months ended Jan. 31, the company's net revenues are up 8% to $81.2 million. Net income is down 13%, to $3.9 million.

In a press release, president and chief executive Gary R. Fairhead said sales of appliances and fitness gear increased, but competitive pricing pressures hurt gross margins.