News
ST. LOUIS – LaBarge Inc. has received an add-on contract for $7 million from Raytheon Missile Systems to continue to provide cables and electronics assemblies for the Tactical Tomahawk cruise missile.
The contract is in addition to the $9.2 million the firm announced last February.
Production at LaBarge’s Joplin, MO, and Huntsville, AK, facilities is expected to begin in November and continue through July 2010.
The contract is in addition to the $9.2 million the firm announced last February.
Production at LaBarge’s Joplin, MO, and Huntsville, AK, facilities is expected to begin in November and continue through July 2010.
WOBURN, MA – From the ashes of MassTech EMS and Nexus Nano Electronics has come a new electronics manufacturing company: Newview EMS Corp.
Paul Walker, former founder and CEO of SMTC, is reportedly involved with the new company, as is Jerry Panos, the former CEO of MassTech and Neo Nano.
The new company is located at the former Nexus Electronics site on New Boston St. in Woburn, MA.
Paul Walker, former founder and CEO of SMTC, is reportedly involved with the new company, as is Jerry Panos, the former CEO of MassTech and Neo Nano.
The new company is located at the former Nexus Electronics site on New Boston St. in Woburn, MA.
This new development marks an end to the various incarnations of Nexus Nano. Last November, Titan Global Holdings purchased the assets of Nexus Nano, including the former Nexus Electronics site in Woburn and the Nexus operations in Brandon, VT. The division was renamed Neo EMS shortly thereafter.
However, Titan quickly decided to sell the division. The Neo EMS facility in Vermont was closed Aug. 13. The company’s answering service references callers to Titan Global Holdings’s corporate headquarters in Richardson, TX.
Nexus had revenues of $12 million in the period ended June 30, 2007. Titan has not reported the group’s revenues for fiscal 2008.
NEWARK, NY – EMS provider IEC Electronics Corp. reported fourth-quarter revenue of approximately $16 million, up 40% year-over-year.
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