BRIDGEWATER, MA – Chase Corp. today reported net income of $3.2 million for its May quarter, up 12% over last year. Revenues fell 2% to $33.9 million from the prior year period.
NEWARK, NY – EMS firm IEC Electronics Corp. received a $3.7 million order from one of its military and defense customers. Shipments will run from the September quarter through April 2009.
In a statement, chairman W. Barry Gilbert said, “We have a good relationship with this customer. IEC is the exclusive supplier of these products, thus enabling the customer to avoid the uncertainty that can be associated with a new supplier and in turn, allowing us to leverage the experience we have gained from previously building these complex electronics assemblies.”
IEC stressed the latest order is unrelated to a $4.7 million award announced in April, which was for a different program.
ARLINGTON,
MA – The holder of a patent-pending self-cleaning squeegee blade arrangement is
offering the technology for sale or license.
The technology
is said to automatically clean solder paste from squeegee blades to
help eliminate buildup, thereby providing improved printing performance
while reducing waste, contamination and maintenance.
Interested
parties are invited to contact Thomas P. O’Connell, Esq., at 781-643-1845.