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ELK GROVE VILLAGE, IL – EMS provider SigmaTron International today reported April quarter revenues increased 11% to $44 million over the prior year.
The net loss was $8.2 million, versus a net profit of $822,000 last year. The company recorded a previously announced $9.3 million charge for goodwill during the quarter.

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STAMFORD, CTGartner Inc. reported semiconductor sales would grow in the second quarter, reaching about $65 billion, up 2% sequentially and 8% year-over-year.

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MIAMI – Avnet has completed its purchase of Source Electronics Corp., a provider of outsourced custom IC programming services.

Avnet acquired the company from H.I.G. Capital, a private equity firm.

Source has plants in Brazil, China, Mexico, Singapore and the US, where it provides programming services to OEMs and EMS companies.
MILTON, NY – Sono-Tek Corp. (sono-tek.com) named to its representatives network SRS and Associates (stonesrs.com) for TN, MS, AL and GA; Murray A. Percival Co. (murraypercival.com) for MI, IN, OH and KY; Technical Marketing Co. (technicalmarketingcompany.com) for MT, WY, UT and CO; Restronics (restronics.com/florida.html) for FL; and Cope Assembly Products for VA, WV, NC and SC. Bennett Bruntil will head the newly restructured organization.

The reps will handle Sono-Tek's solder recovery line of products. There are no announced changes to the company's spray fluxing products reps. 
SAN JOSE – The worldwide EMS market grew 17.3% in 2007 and will continue to grow briskly in the coming years, a new research report claims. Read more ...
SMYRNA, GAUP Media Group, parent company of Circuits Assembly and Printed Circuit Design & Fab, announced today that “Unlocking the Myths of Heating Technology: A Practical Tutorial,” a one-hour free Webinar, will be held July 31 at 11 a.m. PDT, 2 p.m. EDT and 6 p.m. GMT.
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