News
LOS ALTOS, CA – Chinese vehicle production is estimated to have risen 12.1% during 2006, according to analyst Henderson Ventures.
The research group says world unit vehicle sales rose 4.4% last year, after a 5.2% gain in 2005. Unit production of cars and light trucks is expected to be up 2.9% in 2007, in part as a result of higher-end vehicles with electronic modules.
The research group says world unit vehicle sales rose 4.4% last year, after a 5.2% gain in 2005. Unit production of cars and light trucks is expected to be up 2.9% in 2007, in part as a result of higher-end vehicles with electronic modules.
MILPITAS, CA -- Solectron Corp. president and chief executive Michael Cannon resigned yesterday, effective immediately, to take a job as president of global operations at Dell.
Chief financial officer Paul Tufano, 53, was named interim CEO and principal executive officer. A search is underway for a permanent replacement. Tufano has been executive VP and CFO since Jan. 30, 2006.
Chief financial officer Paul Tufano, 53, was named interim CEO and principal executive officer. A search is underway for a permanent replacement. Tufano has been executive VP and CFO since Jan. 30, 2006.
JACKSON, MI -- EMS provider Sparton
Corp. reported fiscal second quarter sales rose 40.8% to $53.1 million over the same quarter
last year. For the three months ended Dec. 31, the net
loss was $1.4 million, vs. a net profit of $202,000 last year. The results were lower due to the redesign and rework of existing sonobuoys to
address issues from failed drop tests which occurred during the first
quarter of fiscal 2007.
THIEF RIVER FALLS, MN - Digi-Key Corporation and Sanyo Energy (USA) Corporation announced the signing of a distribution agreement. Digi-Key is stocking lithium, nickel-cadmium and nickel metal hydride batteries in a wide variety of sizes, as well as battery packs made with Sanyo batteries. These products will be available directly from Digi-Key and will be featured in both its print and online catalogs. Sanyo Energy provides rechargeable power for phones, computers, power tools and a wide variety of portable devices.
NASHVILLE -- Kyzen Corp., a maker of specialty chemicals for cleaning electronics and other applications, reported 2006 revenues rose 30% to a
record $8.84 million over 2005. For the year ended Dec. 31, net
income rose 444% to $830,328.
In a statement, Kyzen CEO and president Kyle J. Doyel said, "Our investment in veteran personnel and state-of-the-art equipment has been a key factor in our growth. Over the last two years, Kyzen has been recognized with five industry awards for innovation. Likewise, our customers vote each day with their pocketbooks in choosing Kyzen's award-winning technology for their operations."
SALT LAKE CITY -- Chemicals giant Huntsman reported fourth-quarter net income of $80.2 million on revenues of $2.54 billion, compared to a net loss of $65 million on sales of $10.68 million for the same period in 2005.
The company announced a definitive agreement to sell its U.S. base chemicals and polymers business to Flint Hills Resources, a division of Koch Industries, for $761 million. The deal is expected to close in the third quarter.
Huntsman makes solder mask, conformal coating and other specialty materials.
The company announced a definitive agreement to sell its U.S. base chemicals and polymers business to Flint Hills Resources, a division of Koch Industries, for $761 million. The deal is expected to close in the third quarter.
Huntsman makes solder mask, conformal coating and other specialty materials.
Press Releases
- VJ Electronix Partners with The Murray Percival Company to Expand Support Across the Midwest
- Smarter Reflow, Stronger Output: Ubersmt Installs Heller MK7 Oven
- Cerebras Goes Public — and Validates a Design Philosophy That Goes Far Beyond Semiconductors
- Scanfil Expands Partnership with the AXS Division of the Life Science & Medtech Company Bruker