ARLINGTON, VA – Sales of in-vehicle consumer electronics will grow at a rate of 13% to more than $12.8 billion in 2008, according to the Consumer Electronics Association.
NEW YORK – KPS Capital Partners announced Pierre de Villemejane will advise the company as it pursues investments in the capital equipment, engineered products and assembly industries in North America and Europe.
de Villemejane, who speared the turnaround of Speedline Technologies, is experienced in assembly, sales, sourcing and distribution of finished products and components. The former Cookson executive was tapped to run Speedline when KPS acquired it in November 2003. KPS sold Speedline to ITW last year.
KPS is considering standalone investments in operating companies, and the acquisition of businesses operating as subsidiaries or divisions of large multinational companies.
BANNOCKBURN, IL – A joint IPC/ECA/Jedec effort to define and classify passive components’ potential of thermal damage during assembly is gaining steam.
J-STD-075, Classification of Non-IC Electronic Components for Assembly Processes, is being circulated to the respective trade groups’ memberships for comment and approval.