News
BANNOCKBURN, IL – More than 40% of manufacturing and purchasing personnel have no understanding of the REACH regulation as it affects their companies, according to a recent IPC survey. The same holds true for nearly one-third of senior management, 29% of engineering personnel, and 28% of environment, health and safety personnel, says the association.
The survey, sent to executives in North America and Europe, reveals that even with a deadline for pre-registration of substances quickly approaching, only 18.3% of companies have identified and/or inventoried all substances in their products. In addition, only 60.5% of chemical supplier respondents are planning to register or pre-register substances at all.
The EU legislation concerning the Registration, Evaluation, Authorization and Restriction of Chemicals took effect June 1, 2007. REACH covers substances in nearly all applications, totaling about 30,000 unique chemicals. The legislation makes bidirectional communication throughout the supply chain imperative.
IPC has scheduled a Sept. 18 Webcast on pre-registration issues for PCB and EMS suppliers.
The survey, sent to executives in North America and Europe, reveals that even with a deadline for pre-registration of substances quickly approaching, only 18.3% of companies have identified and/or inventoried all substances in their products. In addition, only 60.5% of chemical supplier respondents are planning to register or pre-register substances at all.
The EU legislation concerning the Registration, Evaluation, Authorization and Restriction of Chemicals took effect June 1, 2007. REACH covers substances in nearly all applications, totaling about 30,000 unique chemicals. The legislation makes bidirectional communication throughout the supply chain imperative.
IPC has scheduled a Sept. 18 Webcast on pre-registration issues for PCB and EMS suppliers.
CARLSBAD, CA – Palomar Technologies’ management has bought out the original investor group that spun the company out of Hughes Aircraft in 1995.
Local management, with Palomar for many years, now owns the provider of precision automation equipment and contract assembly services for microelectronics.
No financial terms were disclosed.
“All of our current operations, products, and services will continue unchanged,” said Bruce Hueners, Palomar Technologies president and CEO.
Local management, with Palomar for many years, now owns the provider of precision automation equipment and contract assembly services for microelectronics.
No financial terms were disclosed.
“All of our current operations, products, and services will continue unchanged,” said Bruce Hueners, Palomar Technologies president and CEO.
NEWARK, NY – EMS provider IEC Electronics Corp. reported third-quarter revenue of $11.9 million, up about 5.9% year-over-year. Net profit for the quarter was $868,000, up 36.3% compared to the same period last year.
IEC had revenue of $35 million for the first nine months of fiscal 2008, up 10.6% year-over-year. Net profit for the period was $1.96 million, up slightly more than 70% compared to the same period in 2007.
W. Barry Gilbert, chairman of the board and CEO, stated, “We completed the acquisition of Val-u-Tech, refinanced the company with M&T bank, added two new customers, settled our long-standing lawsuit with GE, and improved our operating profit margins…
We expect our consolidated sales will increase for next quarter to between $14.5 million to $15.5 million…”
