News
NORTH BILLERICA, MA – BTU International reported fourth quarter net sales of $18.3 million up 10% year-over-year. Net income for the quarter was $600,000, down 40% year-over-year.
OXFORD, CT – AOI supplier Mirtec Corp. reported sales revenue for its North American division grew 23% in 2007.
President Brian D’Amico attributes the company’s growth to the recent introduction of two new AOI platforms.
“I am delighted to report our first quarter sales revenue has already surpassed our first quarter results for last fiscal year. We look forward to our continued growth in 2008,” D’Amico stated.
RENO, NV – Continued growth is expected in automotive electronics, with forecasts calling for annual growth of 9% through 2013. Growth in driver assistance, safety systems and entertainment are expected to be particularly strong, says a new report.
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