News
TORRANCE, CA – Technical Devices Company has acquired all marketing, sales/distribution, and service rights for the AquaTherm batch cleaner and X-Series vertical stencil cleaner from Austin American Technology of Burnet, TX, effective immediately.
Technical Devices is the exclusive North American distributor of these products.
Under the multiyear exclusive distribution agreement, AAT will no longer manufacture batch and stencil cleaning systems for sale to the public.
No financial terms of the agreement were disclosed.
ST. PAUL, MN – Accu-Tronics Manufacturing Inc., a contract assembly based here, has gone out of business and is selling its assets.
JUAREZ, MEXICO – LG Electronics selected Flextronics to manufacture LCD TVs at its Juarez, Mexico facility, the company said today.
The Oxford, CT, facility will be equipped with demonstration and training facilities for the company’s AOI product line.
“This expansion is in direct response to growing demand for our products and services, resulting in a significant increase in market share throughout North America,” said Brian D’Amico, president of Mirtec's North American subsidiary.
Last year, Mirtec’s parent company in Korea acquired a 35,000 sq. ft. manufacturing facility in Seoul.
TAIWAN – Foxconn Electronics (Hon Hai Precision Industry) is denying rumors it would acquire Sony's LCD TV plant in Mexico.
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