OXFORD, CT -- MIRTEC Corp. reported sales at its North American division rose more than 17% over 2012. “We are very pleased to announce that sales revenue for our North American Division has grown by over 17% with respect to 2012,” said president Brian D’Amico.
NAKLO, SLOVENIA -- LPFK has bought out the remaining outstanding shares at its subsidiary in Slovenia. The subsidiary, LPKF Laser & Elektronika d.o.o., has made a major contribution to the group’s profitable growth for many years, the company said in a statement.
What news stories were CIRCUITS ASSEMBLY readers most interested in in 2013? Judging by hit counts, the SMTA-IPC colocation of their fall events was the leading story of the year.
MINNEAPOLIS -- CyberOptics announced that Kathleen Iverson will retire as president and CEO effective Jan. 31, as part of a planned transition. Executive chairman Subodh Kulkarni will assume Iverson’s duties after that time until a permanent CEO is appointed.
SON, THE NETHERLANDS – Neways Electronics has reached agreement with a German labor board to lay off 120 workers at its defunct subsidiary in Kassel, Germany.
TORONTO -- SMTC has named Sushil Dhiman president and chief executive, effective Jan. 6. He supersedes interim president and CEO Larry Silber, who was named to the post in May following the departure of co-CEOs Alex Walker and Claude Germain.