DANBURY, CT -- Praxair Inc. is raising prices for nitrogen and other gases by 10 to 20% for customers in the US, effective July 1, or as contracts permit.

The company said it would raise prices 10% to 20% for nitrogen, oxygen, hydrogen, and other gases, and would hike monthly fees up to 15%.

Praxair is a leading supplier of nitrogen in the US.

"These actions are being implemented in response to rapidly escalating energy, fuel, and other operational costs, current supply/demand imbalances, and increases in the cost of capital goods to support customer product supply," the company said in a release.

NEENAH, WI – Plexus Corp. yesterday reaffirmed its guidance for its fiscal third quarter of $430 million to 450 million in revenue.

The EMS firm also reaffirmed fiscal year revenue growth of 16 to 18%. It added that it would receive an additional $5 million in orders in the fourth quarter from an unnamed defense customers, with potential for $17 million more in fiscal 2009.

The company said has purchased $168 million worth of its own shares as of June 13, with at least $32 million more in buybacks planned.

WYLIE, TX -- Global Innovation, a maker of bare boards and assemblies, reported April quarter revenues of $8.3 million, up 9.2% year-over-year. Net income for the company's fiscal third quarter was flat at $186,594.

Gross profit rose 3.1% to $1.7 million, while gross margins dropped 2.7 points to 19.1%.

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