News
ST. LOUIS -- LaBarge Inc. is reporting fiscal 2009 first-quarter net sales grew 15% year-over-year to $68.2 million, and net earnings climbed 46% to $3.7 million.
MUNICH – Seica SpA has opened a customer demo and support center in Munich, outfitted with the company's line of automated test and soldering equipment.
Customers can use the ATE equipment for benchmarks and evaluation purposes. Also offered is machine and software training.
Customers can use the ATE equipment for benchmarks and evaluation purposes. Also offered is machine and software training.
The center is equipped with a Firefly selective soldering system, a Pilot flying probe tester, and a Strategy ICT/functional tester.
SAN JOSE – Sanmina-SCI reported fiscal fourth-quarter sales from continuing operations dropped 2.8% from last year to $1.7 billion. GAAP net income was $22,000, compared to a net loss of $1.1 billion a year ago, including a $1 billion writeoff for goodwill.
SAN JOSE -- Sanmina-SCI president and chief operating officer Joe Bronson, the man many credit for returning the company to profitability, is leaving the electronics manufacturing services firm, the company said Wednesday night.
GURNEE IL – H.I.G. Chemicals Holdings Corp. has acquired Petroferm Inc. Terms of the transaction were not disclosed.
Petroferm, specialty chemical manufacturer and formulator, had been privately held.
The acquisition by the private equity firm includes Petroferm’s operations in Gurnee, IL and Fernandina Beach, FL. The Joseph Storey (UK) division will be spun off to Petroferm shareholders.
H.I.G. acquired the North American oleochemical business Uniqema Americas earlier this year. The firm plans to maintain the two as distinct operating subsidiaries. The two businesses will have combined sales in excess of $300 million, the firm says.
Petroferm, specialty chemical manufacturer and formulator, had been privately held.
The acquisition by the private equity firm includes Petroferm’s operations in Gurnee, IL and Fernandina Beach, FL. The Joseph Storey (UK) division will be spun off to Petroferm shareholders.
H.I.G. acquired the North American oleochemical business Uniqema Americas earlier this year. The firm plans to maintain the two as distinct operating subsidiaries. The two businesses will have combined sales in excess of $300 million, the firm says.
DENVER – EMS provider Advanced Assembly has completed a
major capacity expansion, doubling
the company’s factory and office space.
The company said the expansion would permit additional automation equipment. Furthermore, the company, whose staff grew 51% in 2008 to 50 employees, expects to hire additional workers now that the expansion is complete.
The company now has over 10,000 sq. ft. of manufacturing space and four SMT lines.
The company said the expansion would permit additional automation equipment. Furthermore, the company, whose staff grew 51% in 2008 to 50 employees, expects to hire additional workers now that the expansion is complete.
The company now has over 10,000 sq. ft. of manufacturing space and four SMT lines.
Press Releases
- SEMI Applauds Statement from Senators Crapo and Wyden Supporting U.S. Tax Credit for Semiconductor Manufacturing
- ECIA’s July Industry Pulse Sentiment Index Suffers Summer Slide and Dips 12.5 Points from June High
- Datest to Host Siemens EDA Webinar on Data-Driven PCB Test Planning for Increasingly Complex Electronics Designs
- StenTech Expands North American Manufacturing Capacity Through Strategic Investment