News
HONG KONG -- Surface Mount Technology (Holdings) Inc. reported a December quarter loss of HK$2.9 million on a 24% drop in revenue to HK$573.7 million.
SIOUX FALLS, SD – Raven Industries today said fourth quarter sales would
likely fall short of previous guidance. On the whole, Raven expects to report a
22% decline in fourth quarter net income on a 3% rise in sales.
CHENNAI -- Jabil
Circuit reportedly will relocate its Nokia assembly programs currently in Chennai to China.
According to the report, Jabil will end its operations in the Sriperumbadur corridor by March 31. The fate of the site's 600-some workers is not clear. Jabil has not commented on the reports, and government officials have not received any preliminary paperwork from Jabil notifying the state of pending closures.
Jabil reportedly invested over $100 million in the facility.
According to the report, Jabil will end its operations in the Sriperumbadur corridor by March 31. The fate of the site's 600-some workers is not clear. Jabil has not commented on the reports, and government officials have not received any preliminary paperwork from Jabil notifying the state of pending closures.
Jabil reportedly invested over $100 million in the facility.
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