Circuits Assembly Online Magazine - Current Issue

News

MINNEAPOLIS -- Nortech Systems reported record first-quarter net sales of $31.2 million, up 12% over 2007.

For the period ended March 31, the EMS firm's operating income rose 90% to $1.2 million, and net income was up 118% to $626,000.

GLENVIEW, IL -- Illinois Tool Works reported operating revenues rose 11.5% for the three months ended April 30, largely on translation and acquisitions, and modestly ahead of company expectations.

ITW, which owns Kester, Speedline Technologies, Vitronics-Soltec and several other electronics assembly suppliers, said its Power Systems and Electronics: group was up 8.9% year-over-year.

The company guided for overall second-quarter revenue growth of 9 to 12%, and full-year revenue growth range of 8 to 12%.

COLORADO SPRINGS, CO – Photo Stencil has named Dr. James F. Reilly, II, vice president of research and development, a new position. He will direct research in support of the company’s product roadmap and technology plans as liaison to customers and business partners, and will spearhead independent projects designed to develop new products and technologies for the printing process.

Dr. Reilly is a veteran of the US Navy and NASA, and flew Space Shuttle missions in 1998, 2001 and 2007, where he performed five spacewalks totaling over 30 hours. Following the Columbia accident, he was involved with development and testing of repair materials and techniques for the Shuttle’s thermal protection system.

A materials expert, Reilly has a Ph.D. in geosciences from the University of Texas at Dallas, and is a former chief geologist at Enserch Exploration, where he was involved in the application of new imaging technology for industrial applications in deep water engineering projects and geological research.

Dr. Reilly joins vice president of technology Dr. William E. Coleman on Photo Stencil’s product development team.