News
The office will provide service to YESTech's European representatives and customers. YESTech Europe handles most European countries, the Middle East and South Africa.
"YESTech prides itself on its exceptional level of customer support and in providing local help with applications," commented Don Miller, YESTech president. "Adding further backup within the European time zone is another example of this continued commitment to bring all of our support capability to a local focus, world wide."
DEK, the screen printer OEM, and Everett-Charles Technologies, the semiconductor and PCB test unit, and OK International were not among those companies put on the block.
In 2005, the five businesses had combined revenue of $580.2 million and earnings of $26.7 million. To-date this year the companies have joint earnings of $9.3 million on sales of $291.8 million.
Without identifying the potential buyer, the companies said the prospective owners "are established businesses with strong track records in technology markets."
The crime echoes an incident that took place recently in nearby Milpitas.
In the Friday incident, an Ampro Systems employee was in the company parking lot with nine boxes of computer memory cards he was about to unload. Two men accosted him, and stashed the boxes in a getaway car driven by a third man.
The car was identified as a light-blue or gray Chrysler Town and Country minivan with no license plates.
Two days earlier, at an unidentified high-tech business in Milpitas, two men were seen near the freight dock of the company.
The men were apparently scared off by employees, police said. That indicident took place about 2:35 p.m. The car was described as a light-blue or gray van, which had the skull and
crossbones on the back license plate area.
NEW YORK -- The world market
for SMT screen printers will grow from $190.2 million in 2005 to $366.4
million in 2012, a research firm said today. Sales of glue dispensers
will grow from $26.3 million in 2005 to $42.1 million in 2012, said Frost & Sullivan.
Durables orders rose 3.1% in June, well above the 1.7% gain previously forecast by Wall Street.
Commercial aircraft rose 8.8%, reversing two months of big declines. Last month, Boeing booked orders for 135 aircraft, up from 33 in May.
Analysts believe that output in the manufacturing sector will continue to rise in coming months but at a slower pace, reflecting an economy that is slowing under the impact of surging energy prices, rising interest rates and the cooling housing market.