News
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.
ARLINGTON, VA -- Electronic component orders fell in January for the third
consecutive month, according to the monthly index compiled by the
Electronic Components Association (ECA). The 12-month average,
comparing this year’s results to last year’s, continued a descent that
began last summer.
“We might just have to get used to words such as ‘downslide’ for the next several months,” says Bob Willis, ECA president. “Electronic components are the building blocks for all things electronic, so our market is inextricably linked to the economy and spending. Like everyone else, electronic component manufacturers are looking to stay as healthy as possible until better times arrive.”
