News
SAN FRANCISCO – Most EMS companies are seeing normal to tepid demand, and the economy remains the top concern, a leading industry analyst said this week.
CERRITOS, CA – Corelis Inc., a supplier of boundary-scan and JTAG functional emulation test tools, today announced a 30% expansion of its facility.
The larger plant will house Corelis’ expanded quality program, DfT support group and a section specifically organized to participate in industry standards.
"The push behind our expansion is an increase in customer demand, as well as the need to expand our research and development departments,” said George La Fever, president and CEO of Corelis. "With the new space, we will be able to serve the needs of our current clients, plus have additional capacity available to support prospective clients. Furthermore, we will have the room to expand our headquarters training facility."
The larger plant will house Corelis’ expanded quality program, DfT support group and a section specifically organized to participate in industry standards.
"The push behind our expansion is an increase in customer demand, as well as the need to expand our research and development departments,” said George La Fever, president and CEO of Corelis. "With the new space, we will be able to serve the needs of our current clients, plus have additional capacity available to support prospective clients. Furthermore, we will have the room to expand our headquarters training facility."
SAN JOSE – Worldwide semiconductor manufacturing equipment billings reached $7.83 billion in the second quarter, down 26% sequentially and 29% year-over-year, SEMI reported.
ROUND ROCK, TX – Amid Dell Inc.’s recently announced plan to outsource computer production, speculation has risen that one or more EMS firms could soon make a play for the world’s second-largest PC maker’s facilities.
SPOKANE VALLEY, WA -- Electronics manufacturing services firm Key Tronic Corp. expects to begin a new manufacturing program with Kaz Inc. that could be worth more than $25 million in annual revenue, the company said today. The program, which wasn't disclosed, should begin in December and could lead to other deals with Kaz.
Production would be conducted at Key Tronic's manufacturing facility in Juarez, Mexico.
Kaz provides consumer, healthcare, and home and garden products.
For the year ended June 28, Key Tronic reported revenue of $204.1 million.
WESTLAKE, OH – Nordson Corp. will take a $7 million charge for severance and other job-cutting costs for its fiscal fourth quarter ending Oct. 31.
Nordson, the parent company of Asymtek, EFD, Dage and YesTech among others, will take an additional $13 million charge in fiscal 2009 as it reduces head count in North America and Europe.
The cuts, which will include retirements and attrition, are expected to save the company about $30 million annually. Nordson also plans changes to streamline its marketing and sales organizations.
In a statement, chairman, president and CEO Ed Campbell said, "In making these changes now, we are being proactive at a time when Nordson is performing well."
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