News
JASPER, IN -- Kimball International today reported net sales fell 6% from a year ago to $327.6 million and income from continuing operations rose 93% to $8.2 million for its December quarter.
ST. LOUIS -- EMS provider LaBarge reported December quarter net sales rose 2% year-over-year to $68.2 million. Net earnings declined to $249,000, from $3.4 million last year, on a writedown of inventory and debts from a large customer.
ZALAEGERSZEG, HUNGARY – Flextronics will sack 400 workers from its plant here by the end of March, according to published reports. The cuts will bring the total number of recent layoffs to 1,400, including contract workers, Zalai HÃrlap reports.
The news daily quoted Flextronics spokesman Márk Hetényi as citing a sharp decline in orders.
The cuts include 130 staff in operations and 270 administrative workers.
The site employs 3,700 workers, not including 1,500 to 1,800 contract laborers, the news daily reported.
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