News
HOFFMAN ESTATES, IL – Bosch Rexroth AG, parent company of Bosch Rexroth Corp., reported $8.3 billion in 2008 sales, up 9.8% year-over-year.
Sales in the Americas were up nearly 8%. The company anticipates a significantly weaker performance for the current fiscal year, but said it is maintaining its R&D investment.
The Bosch subsidiary spent around $364 million on R&D in 2008, or 4.5% of sales.
The growth experienced last year by the manufacturer of drive and control technologies was led by developments in the German, European and Asian markets.
TAIPEI – Compal raised its shipments forecast for the current quarter, guiding for a 20% sequential gain.
FREMONT, CA – Juki Automation Systems has opened a Western US headquarters here. At 13,500 sq. ft., the facility facility is four times larger than Juki’s previous location.
The moves, which took place in three regions, are expected to reduce spending by $5 million annually.
The company is taking a pretax first-quarter charge of approximately $1.9 million.
MONTREAL – Once a growing EMS company with three sites in Canada, Triton Electronik has closed its doors.
FRAMINGHAM, MA -- Worldwide server factory sales fell 30.1% year-over-year to $9.8 billion in the second quarter, IDC said this week.
