News
FRANKLIN, MA – The U.S. Patent Office has issued a patent to Speedline Technologies for the method first used its Accela printer’s stencil wiper system.
US Patent no. 7,017,489 covers a method used to minimize downtime from wiper service during the printing operation. This method can be used on screen and stencil printers.
Joe Perault, Speedline manager of applications engineering, is credited with the invention.
US Patent no. 7,017,489 covers a method used to minimize downtime from wiper service during the printing operation. This method can be used on screen and stencil printers.
Joe Perault, Speedline manager of applications engineering, is credited with the invention.
GREENVILLE, SC -- Kemet Corp. has completed its previously announced acquisition of Epcos AG's tantalum capacitor business for 86.5 million euros (approximately $103 million). Kemet is paying $81.3 million in cash and the rest in assumed liabilities and working capital adjustments.
The acquisition includes the Epcos tantalum capacitor manufacturing operation in Evora, Portugal, plus certain R&D, marketing and sales functions in various locations, primarily within Europe.
The deal does not include Epcos's tantalum capacitor manufacturing facility in Heidenheim, Germany. Epcos' will continue to produce product exclusively for Kemet at the Heidenheim facility. Once the transition is completed, in September, Kemet will purchase the Heidenheim manufacturing assets.
About $93.5 million of the deal is tied to the closing. The remainder will be paid when the manufacturing and supply agreement expires in September.
The acquisition includes the Epcos tantalum capacitor manufacturing operation in Evora, Portugal, plus certain R&D, marketing and sales functions in various locations, primarily within Europe.
The deal does not include Epcos's tantalum capacitor manufacturing facility in Heidenheim, Germany. Epcos' will continue to produce product exclusively for Kemet at the Heidenheim facility. Once the transition is completed, in September, Kemet will purchase the Heidenheim manufacturing assets.
About $93.5 million of the deal is tied to the closing. The remainder will be paid when the manufacturing and supply agreement expires in September.
BURLINGTON, VT -- The 50 largest EMS companies topped $100 billion in sales for the first time, accounting for 2005 revenue of $109.2 billion.
Combined sales for top 50 companies grew 14.4% in 2005. Growth was heavily influenced by the estimated results of Hon Hai Precision Industry (Foxconn); without Hon Hai, the remaining 49 providers produced an aggregate growth of 3.1%.
Combined sales for top 50 companies grew 14.4% in 2005. Growth was heavily influenced by the estimated results of Hon Hai Precision Industry (Foxconn); without Hon Hai, the remaining 49 providers produced an aggregate growth of 3.1%.
SAN JOSE -- Hammer Storage, a
division of Bell Microproducts, has added the Hammer NA-1400 Network-Attached Storage Appliance to its
product line.
The high capacity device provides up to two terabytes of external storage in a compact, toaster-sized package. It is designed by Newisys Inc., a developer of computing and storage designs, and manufactured by its parent company Sanmina-SCI.
The high capacity device provides up to two terabytes of external storage in a compact, toaster-sized package. It is designed by Newisys Inc., a developer of computing and storage designs, and manufactured by its parent company Sanmina-SCI.
COLUMBIA, MD - Shimadzu Scientific Instruments (SSI), a developer of analytical instrumentation, has a new, free white paper entitled “Understanding RoHS.” The paper is available at ssi.shimadzu.com.
The paper offers guidance and tips for organizations that have yet to properly comply with the EU’s Restriction of Hazardous Substances regulations. It also provides insight into how RoHS will affect U.S. manufacturers, how they can earn compliance and the ramifications of non-compliance.
SSI is the American subsidiary of Shimadzu Corp., headquartered in Kyoto, Japan.
The paper offers guidance and tips for organizations that have yet to properly comply with the EU’s Restriction of Hazardous Substances regulations. It also provides insight into how RoHS will affect U.S. manufacturers, how they can earn compliance and the ramifications of non-compliance.
SSI is the American subsidiary of Shimadzu Corp., headquartered in Kyoto, Japan.
FT. WORTH, TX – Allied Electronics has broken ground on its new headquarters and distribution center in Fort Worth.
The catalog distributor, a subsidiary of Electrocomponents, began construction on a 365,000-sq. ft. facility that will replace the company’s existing rented space. The new facility will help accommodate the company’s growth, as it expects to create an additional 300 jobs over the next several years.
Construction is expected to be completed as early as summer 2007.
The catalog distributor, a subsidiary of Electrocomponents, began construction on a 365,000-sq. ft. facility that will replace the company’s existing rented space. The new facility will help accommodate the company’s growth, as it expects to create an additional 300 jobs over the next several years.
Construction is expected to be completed as early as summer 2007.
SANTA CLARA, CA -- Blade Network Technologies has begun shipping RoHS-compliant servers in advance of pending legislation in Europe and California, the company announced today.
The servers are built by Solectron Corp. in Charlotte, NC
The servers are built by Solectron Corp. in Charlotte, NC
SALT LAKE CITY -- CirTran Corp. said today that it has settled all major litigation in which it was a defendant, clearing the way for the filing of Form 10-KSB for fiscal 2005 with the SEC later this week.
The EMS company had been involved in a breach of contract filing dating to Sept. 11, 2003. The suit was settled for $200,000, on Feb. 24, according to court filings and company statements.
The EMS company had been involved in a breach of contract filing dating to Sept. 11, 2003. The suit was settled for $200,000, on Feb. 24, according to court filings and company statements.
BILLERICA, MA -- On March 31, BTU International executed a commitment letter for a commercial mortgage facility (ith Salem Five Cents Savings Bank in the amount of $10 million.
As of Dec. 23, the interest rate will be 6.84%. The maturity date is Dec. 23, 2015.
As of Dec. 23, the interest rate will be 6.84%. The maturity date is Dec. 23, 2015.
NEW DELHI -- The chief executive of Agilent Technologies said today that the test and measurement OEM could generate up to $300 million in annual revenues from operations in India by 2008.
The amount would be three times the company's revenue of $100 million in 2005, CEO Bill Sullivan said.
The amount would be three times the company's revenue of $100 million in 2005, CEO Bill Sullivan said.
NORTH YORK, ONTARIO -- ZTest Electronics Inc. is offering shares of the company in order to raise $1.44 million in financing, the company said today. Proceeds will be used for future acquisitions and working capital.
Each unit will be priced at $0.16
and will be comprised of one common share and one-half of a common
share purchase warrant. Each full warrant entitles the holder to acquire a
further common share at the price of $0.24 for a period of two years from
closing. The corporation will pay a finder's fee of up to 6% of the value of
the units in cash.
Completion of this transaction is subject to the approval of the Toronto Exchange.
Separately, the company said directors William Brown and Cal Haverstock have tendered their resignations, effective this week. Haverstock joined the board last June.
ZTest's wholly owned subsidiary, Permatech Electronics, is an low-volume EMS provider.
JOHNSON CITY, TN – EMS company EPIC Technologies has received the 2005 Supplier of the Year Award from Siemens Medical Solutions USA. According to Richard Brzezinski, Siemens’ procurement manager, “the Siemens MED (US) Supplier of the Year award covers the areas of delivery, cost, quality and Technology” and “is a testament to EPIC's commitment to Siemens MED.”
John Sammut, EPIC president and CEO, said in a press release, “[This award] validates the efficacy of our Synchronous Flow Manufacturing (SFM) process because it was awarded in a time period which included a significant amount of new product introduction activity, which typically impacts performance metrics in traditional continuous flow manufacturing models. In addition, it is a tribute to our acquisition integration team because it underscores how quickly and smoothly they accomplished SFM process implementation in this facility in 2005.”
EPIC is headquartered in Rochester Hills, MI, and operates facilities in Ohio, Tennessee and Mexico.
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- DISTRON CORPORATION Celebrates 20-Year Anniversary of Test Engineering Manager Richard Guerin