News
TORONTO – Celestica Inc. has acquired Displaytronix, a provider of flat-panel display
repair services.
Terms were not disclosed.
The acquisition gives Celestica a leg up in the rapidly growing FPD market.
The acquisition gives Celestica a leg up in the rapidly growing FPD market.
ST. LOUIS -- LaBarge Inc. has been awarded a $2.2 million dollar contract from BAE Systems
to produce the ethernet switch unit for the A3 Bradley Combat
Systems vehicles. The ESU functions as a router and a switch, making
local forwarding decisions to devices operated in the vehicle's LAN.
Production is expected to run from June 2006 and through September 2007 and will be performed at LaBarge's Huntsville, AK, facility.
Production is expected to run from June 2006 and through September 2007 and will be performed at LaBarge's Huntsville, AK, facility.
ROCHESTER, NY – EMA Design Automation, a
provider of electronic design automation software, was named fastest
growing company among Rochester's top 100 privately held firms,
according to the Rochester
Business Alliance and KPMG LLP.
This is the second straight year EMA won the honor. EMA sales rose from $3 million in 2002 to $20 million in 2003 and $31 million in 2004, giving EMA a growth of 915% over this period.
Employment has also grown from fewer than 15 in 2002 to nearly 100 across the country, with 67 located in the Rochester area.
“We are extremely honored to be part of the Rochester Top 100,” said Manny Marcano, President and CEO of EMA. “It’s a testament to the skill and dedication that our employees put forth in building strong relationships with our customers, coupled with excellent products and outstanding customer service and support."
Marcano launched EMA in 1989, selling EDA tools primarily in upstate New York, and expanded the company in the 1990s to include the Mid-Atlantic region of the United States. EMA now sells products across all of North America and has expanded its product line to include the Cadence Allegro and OrCAD PCB design tool product lines, RoHS compliant services and related products.
This is the second straight year EMA won the honor. EMA sales rose from $3 million in 2002 to $20 million in 2003 and $31 million in 2004, giving EMA a growth of 915% over this period.
Employment has also grown from fewer than 15 in 2002 to nearly 100 across the country, with 67 located in the Rochester area.
“We are extremely honored to be part of the Rochester Top 100,” said Manny Marcano, President and CEO of EMA. “It’s a testament to the skill and dedication that our employees put forth in building strong relationships with our customers, coupled with excellent products and outstanding customer service and support."
Marcano launched EMA in 1989, selling EDA tools primarily in upstate New York, and expanded the company in the 1990s to include the Mid-Atlantic region of the United States. EMA now sells products across all of North America and has expanded its product line to include the Cadence Allegro and OrCAD PCB design tool product lines, RoHS compliant services and related products.
WEST CHICAGO, IL -- Sales of connectors for electronics products reached $35.4 billion this year, according to Bishop & Associates research firm.
By region, North America was the largest region, at $9.34 billion, or 26.4%, edging out Europe, at $9.12 billion (25.8%).
Japan was third at $6.11 billion (17.3%), followed by China ($4.74 billion, 13.4%), and the rest of Asia ($4 billion, 11.4%) .
By region, North America was the largest region, at $9.34 billion, or 26.4%, edging out Europe, at $9.12 billion (25.8%).
Japan was third at $6.11 billion (17.3%), followed by China ($4.74 billion, 13.4%), and the rest of Asia ($4 billion, 11.4%) .
MINNEAPOLIS -- CyberOptics Corp. today reported September quarter net
income of $626,000 on revenues of
$10.3 million. Both figures represented a sharp drop from Q3 2004, when the maker of sensors and inspection gear reported
earnings of $3.6 million on revenues of
$19.4 million.
MYRTLE BEACH, SC -- AVX Corp. reported net income fell 8.7% to
$17 million on a 1% drop in net sales to $325.9 million in the
September quarter. Net income and sales were sequentially higher.
Chief executive and president John Gilbertson said, "The sales increases during the last three quarters indicate that end market growth is continuing, and this is a positive sign for AVX and the industry."
Income from operations improved sequentially to $19.2 million for the quarter, due to lower operating costs and greater production in low-cost regions.
"We have been able to improve profit margins during the past two quarters while reducing inventory levels," Gilbertson said. "We believe that inventory throughout the supply chain remains low, and improvements in end- market demand quickly flow through as increased demand for AVX products.
The passives components maker had a cash balance of $751.3 million at quarter's end.
Chief executive and president John Gilbertson said, "The sales increases during the last three quarters indicate that end market growth is continuing, and this is a positive sign for AVX and the industry."
Income from operations improved sequentially to $19.2 million for the quarter, due to lower operating costs and greater production in low-cost regions.
"We have been able to improve profit margins during the past two quarters while reducing inventory levels," Gilbertson said. "We believe that inventory throughout the supply chain remains low, and improvements in end- market demand quickly flow through as increased demand for AVX products.
The passives components maker had a cash balance of $751.3 million at quarter's end.
Press Releases
- Zollner Puts a New Mechanics Building into Operation
- Changes in Incap’s Management Team: Incap updates its leadership model to support its growth strategy
- Niche Electronics Celebrates Completion of Florida Expansion
- Microscreen Names Nik Thomas Director, Expands Leadership Role Amid Continued Organizational Growth