News
MACAU, CHINA -- EMS provider Nam Tai Electronics reported March net earnings of $28.4 million on sales of $147.1 million.
For the quarter, net income was up 238% to $28.4 million from a year ago, boosted by the sale of Nam Tai's shares in J.I.C. Technology Co.
EIGHTY FOUR, PA – Ametek Specialty Metal Products named Peter Hoctor regional sales manager for Europe, responsible for sales and marketing the company’s full line of products. He has 15 years’ experience in the sales and marketing of specialty metals.
Hoctor is currently sales manager, Europe, for Reading Alloys, which was acquired by Ametek in April. Hoctor will retain his position with Reading Alloys, while assuming additional responsibilities for Ametek.
Europe accounted for the greatest portion of the company’s international sales, which topped more than $1 billion for the first time in 2007. Ametek has plants in Austria, Czech Republic, Denmark, France, Germany and the UK.
Hoctor is currently sales manager, Europe, for Reading Alloys, which was acquired by Ametek in April. Hoctor will retain his position with Reading Alloys, while assuming additional responsibilities for Ametek.
Europe accounted for the greatest portion of the company’s international sales, which topped more than $1 billion for the first time in 2007. Ametek has plants in Austria, Czech Republic, Denmark, France, Germany and the UK.
TEMPE, AZ -- Manufacturing failed to grow for the third consecutive month in April as the PMI registered 48.6%, flat with March.
The good news: Backlogs grew, breaking six consecutive months of decline, and new export orders showed continued strength. Customers inventories dropped. The Computer and Electronic Products sector reported growth in April.
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