BILLINGSTAD, NORWAY -- Kitron ASA reported published preliminary third-quarter revenue of about $68 million and earnings before taxes of about $4.12 million.
A year ago, the electronics manufacturing services company reported sales of $55.5 million and gross earnings before taxes of $1.9 million.
MEDINA, OH – Cletronics Inc., a small EMS company and manufacturer of coils and inductors, will add 12,000 sq. ft. to its factory here as part of a $960,000 expansion.
The company will hire three new full-time workers, bringing its total headcount to 16 (not including two part-timers).
The local county granted the company a 40% tax abatement for 10 years, under terms of the Community Reinvestment Act, according to reports.
BANNOCKBURN, IL – North American PWB shipments in September fell 3.1%, while orders decreased 14.2% year-over-year, IPC said.
Year to date, shipments rose 4.5%, and orders were down 1.1%. Sequentially, combined shipments for September were up 3.8%; orders were up 13.3%. The book-to-bill ratio remained at 0.95.