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AUSTIN, TX – Newisys Inc., developer of multiple server technologies, is closing its manufacturing operation in Austin, TX and laying off 87 local employees.

Part of Sanmina SCI Corp., the San Jose-based parent company notified the Texas Workforce Commission of the layoffs in a letter dated May 8.

Newisys was founded in 2000 to capitalize on the Opteron chip produced by Advanced Micro Devices Inc. and was picked up by Sanmina SCI in 2003. It employed 100 people at that time.

Executives at Sanmina SCI could not be reached for comment.

LOS ANGELES – Northrop Grumman Corp. plans to close its Interconnect Technologies business in Missouri, and will discontinue PCB manufacturing for third parties, effective July 31.

Its interconnect business base is declining, and the plant is currently operating at about 25% capacity, the company said in a statement.

The factory produced backplanes and printed circuit boards.

MANKATO, MN – Winland Electronics, Inc., designer and manufacturer of custom electronic control products and systems, reported first-quarter revenues of $9.3 million.

This was an increase of 13.4% compared to $8.2 million reported for the same period last year. The increase was the result of a 16.4% increase in sales for OEM customers, partially offset by a 12.5% decrease in sales of the company's proprietary line of products.

Gross profit was $1.2 million, 13% of sales, down from $1.7 million in sales for the first quarter of 2006.

Total operating expenses increased 34.1% to $1.5 million when compared to $1.2 million year-over-year.

YAVNE, ISRAEL – Orbotech Ltd., maker of automated inspection systems for PCBs and flat panel displays, has cut its 2007 revenue outlook and posted a lower-than-expected first-quarter profit of $5.6 million, compared with earnings of $14.1 million year-over-year. The company cites the delay in pick up of the flat panel display market.

Revenue in the first quarter fell to $86.1 million from $101.4 million a year ago. The company now expects 2007 revenue of about $380 to $390 million, chief executive Rani Cohen said – $10 to $20 million less than previously projected. However, the company expects second-quarter revenue to increase slightly from the first quarter.

Sales of equipment to the PCB industry fell to $35.5 million from $40.8 million year-over-year, while sales of flat panel display inspection equipment slipped to $19.1 million from $30 million, said Orbotech.

JASPER, IN – Kimball International, Inc. announced sales for the third quarter of fiscal year 2007 were $311.6 million, an increase of 20% over sales of $260.7 million year-over-year. Sales included $79.2 million from acquisitions in the company's electronic contract assemblies segment. Sales in this segment increased 49% as a result of the acquisitions. On February 15, Kimball completed the acquisition of Reptron Electronics, Inc., a U.S.-based EMS company. The purchase price was $50.9 million.

Income for the third quarter was $3.8 million, which included a loss from discontinued operations of $600,000. For the same period last year, income was $7.3 million, including a loss from discontinued operations of $400,000.

Sales for the third quarter in the electronic contract assemblies segment were $165.3 million, an increase of 49% over sales of $111.1 million last year.

PRINCETON, NJ – Tyco International Ltd. reported lower quarterly profit, but results beat expectations led partially by improving sales in its electronics segment. Net earnings fell 6.7% to $835 million in the company’s fiscal second quarter, from $895 million year-over-year. Revenue rose 7% to $10.8 billion.

The company expects third-quarter sales will be up 5.5 to 6.5%.

Tyco, which plans to separate its health-care and electronics divisions by the end of June, said each of segments reported higher quarterly sales, but all had lower operating income and profit margins.