News
NASHUA, NH -- A Teledyne Technologies subsidiary will buy IR detector maker Judson Technologies. Financial terms were not disclosed.
The deal is expected to close by Feb. 1.
Judson had 2006 sales of $13.8 million.
The deal is expected to close by Feb. 1.
Judson had 2006 sales of $13.8 million.
TOKYO -- Panasonic Electronic Devices Co. will consolidate its eight subsidiaries in Japan and establish Panasonic Electronic Devices Japan Co. on April 1, the company announced today.
Panasonic Electronic Devices has several subsidiaries, each managed autonomously. The new structure will enable the group to take advantage of the strengths of each subsidiary, including "black-box" technologies and manufacturing skills.
MANKATO, MN — Winland Electronics chairman Thomas J. de Petra has been named interim CEO and president, effective Jan. 2. He succeeds Lorin Krueger, who is retiring. The board hopes to have a permanent successor by the end of the first quarter, the company said in a press statement.
"We have made progress in the search to recruit a permanent replacement, but as we grow closer to Jan. 2, we wanted to put a transition process in place," de Petra said.
de Petra has been chairman since October 2006 and a director since 1994.
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