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He replaces Bernd Hackmann, who left the company at the end of 2008.
Bretthauer has broad experience in sales and marketing of industrial equipment, having previously worked at AEG, as chief marketing officer for DB Reise & Touristik and as CEO and managing director of Joh. Heinr. Bornemann GmbH.
Sales were up 7.1% from November, however.
MERIDIAN, ID -- Computrol Inc. has purchased fellow EMS provider Wolf Electronix for an undisclosed amount. The combined company will have 350 workers across its three factories.
WASHINGTON -- Industry business leaders are calling on Congress to renew the depreciation laws tied to the Economic Stimulus Act of 2008, which allowed companies to reduce the time it take to recoup outlays for capital equipment.
"A strong manufacturing sector is critical to a rapid economic recovery," wrote Matthew Holzmann, president of Christopher Associates, in one letter. "It would seem from the headlines that only certain industries would benefit from many of the proposals in Congress at present. Reinstatement of accelerated depreciation, especially as written in H.R. 5150, will help all industries and is a real, tangible tool for keeping America strong."
The 12-month average, comparing 2008 results to those from 2007, continued a descent that began this summer.
“Most manufacturers have seen declining results in November and December,” says Bob Willis, ECA president, in a press release. “There may be a modest positive bump in the first quarter of 2009 as inventories are adjusted, but there is little or no significant growth anticipated until the late third or fourth quarter.”
The United Workers of Electronic and Electrical Industries union says many of the displaced electronics workers will be retrained to find jobs in the medical and hotel industries.
RONKONKOMA, NY – CVD Equipment Corp. said 2008 order levels reached $29 million, more than double the order levels of 2007. The company’s divisions include Conceptronic, a maker of reflow ovens.
Approximately half the orders in 2008 were solar and energy market-related, with most incorporating CVD thin film solutions, says the firm.
Last year’s order levels for the CVD/FN and SDC divisions increased 146% and 58%, respectively, while the Conceptronic division decreased 3% year-over-year.
The company anticipates the growth trend of the CVD/FN and SDC divisions to continue. The Conceptronic division was impacted by the downturn in the electronics industry over the last two quarters. CVD expects this trend to continue at least through the first two quarters in 2009.
For 2009, the privately held Europlacer says it will continue to offer products for unpredictable environments.
The research firm, which concentrates on the semiconductor market, forecasts the value of shipments in 2009 will drop to $1.23 trillion, then rise 7% in 2010.
The company, the world's largest EMS provider, ended calendar 2008 with unaudited sales of $44.4 billion, roughly 30% larger than the estimated revenues of No. 2 Flextronics, which has yet to report.
