SINGAPORE -- Flextronics laid off more than 100 workers here last week in response to lower demand.
There appears some confusion over the number of workers let go. According to local reports, a company spokesperson said the layoffs affected less than
half the factory's workers.
But Channel NewsAsia said affected employees claimed upt o 70% of the plant's 280 workers were let go.
ST. LOUIS – LaBarge Inc. received a $1.7 million contract from Northrop Grumman Corp. to continue to produce electronics assemblies for the AN/ALQ-135 radar jammer system.
LaBarge has worked on the program since 2005. The firm expects to receive follow-on orders.
Production on this latest contract is expected to begin this month and continue through December at LaBarge's Tulsa, OK facility.
DUSSELDORF, GERMANY – Henkel’s 2008 adhesive technologies sales rose 17.3% to 6.7 billion euros, boosted by the company’s acquisition of the National Starch businesses. The sector grew 1.3% organically.