News
MORGANVILLE, NJ – CADParts & Consulting LLC has agreed to market the complete Simplified Solutions Inc. offering of subscriptions and products.
The agreement includes the 3D component modeling service, yearly pro/engineer electrical library subscriptions, and libraries of Pro/E and IGES formatted electrical components.
CADParts & Consulting provides an outsource service for all aspects of electronic product design and development.
Simplified Solutions provides products and services to assist in development of 3D PCBs used in product design and analysis tasks.
DORSET, UK – Europlacer, designer and manufacturer of pick-and-place machines, announced the addition of Hexi Reflow Ovens to its product offering.
The Blakell Europlacer Group will also sell the Hexi products in France through its Europlacer Distribution subsidiary.
Hexi Electronics is a Chinese developer and manufacturer of reflow ovens.
The first purchase from UK CEM Northern Hitech has been made.
ATLANTA – UP Media Group today announced the launch of Virtual PCB, the industry's first virtual trade show and conference for the PCB design, fabrication and assembly markets. The premiere takes place Feb. 12-13, 2008.
OREM, UT – Electronics contract manufacturer Wolf Electronix has invested more that $1 million in equipment and facility improvements in Orem, UT.
Upgrades include ESD flooring, lighting, screen printers, SMT machines (inline), ovens, and automated optical inspection machines.
In addition, Wolf Electronix appointed 20-year veteran Robert Greiner as CEO. Prior to joining Wolf, Greiner was CFO of a management group in the Northwest, complementing 10 years of financial and operational management in the EMS industry.
The public is invited to an open house the first week of November; call 800-458-3179 for details.
KRAKOW, POLAND – Note has agreed to acquire half the shares of a new joint venture with Polish EMS provider Fideltronik.
Arne Forslund, Note’s CEO and president said, “Our joint venture will be based at Fideltronik’s current plant in Krakow and will have some 220 employees. The acquisition brings us access to additional cost-efficient production capacity in Poland that complements our other international facilities in the Baltic States and China.”
No other terms of the agreement were disclosed.
SPOKANE VALLEY, WA – EMS provider Key Tronic Corp. reported total revenue of $44.6 million in the first quarter of 2008, down nearly 20% year-over-year.
Net income for the quarter was $200,000, a decrease of close to 86% compared to the same period in 2007.
“As anticipated, we saw slower demand from a number of our established customers in the first quarter of fiscal 2008, while our new programs contributed a growing portion of our revenue,” said Jack Oehlke, president and CEO. “We expect both our established customers and our new customer programs to drive strong revenue and earnings growth in the second half of fiscal 2008.
For the second quarter, the company expects revenue in the range of $45 million to $48 million.
Press Releases
- Strengthening SEMI Business (Semiconductor Back-End Process) in the European Market
- New White Paper Highlights How Shrinking Solder Powder Sizes Increase Cleaning Complexity in Advanced Packaging
- Distron Corporation Becomes First U.S. Electronics Manufacturer to Deploy Keiron’s LIFT-Based Precision Printing Technology
- AIM Solder Appoints Angel Lopez as Technical Support Engineer in North America