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NEENAH, WIPlexus Corp. announced fourth-quarter revenue was $426 million, an increase of 6.8% year-over-year.
 
Plexus targets revenue growth in the range of 15% to 18% in 2008.

Dean Foate, president and CEO, commented, "Our return on invested capital for fiscal 2007 of 17.6% was above our weighted average cost of capital and consistent with our long-term financial model. Despite being at the low end of our revenue guidance for Q4, we exceeded our earnings expectations, driven primarily by a favorable mix of customer programs, better than expected labor efficiencies and strong performance by our engineering services organization (Technology Group) ...
 
"Looking forward, we are expecting a strong start to fiscal 2008, with Q1 revenue in the range of $440 million to $460 million with single digit growth in all of our Market Sectors, with the exception of our Defense Sector, where we expect sequential revenue growth to exceed 25%. Including the production push-out from Q4 and a small follow-on order from our large defense customer, we are currently expecting approximately $54 million in revenue from this program in Q1 followed by approximately $26 million in Q2."
BOSTON – The big news from Nepcon East was what was happening away from the show floor. Most businesses, while noting a general slowing of growth this year, indicated that they were in hiring mode going into 2008. 
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OREM, UT – Electronics contract manufacturer Wolf Electronix has invested more that $1 million in equipment and facility improvements in Orem, UT.
 
Upgrades include ESD flooring, lighting, screen printers, SMT machines (inline), ovens, and automated optical inspection machines.
 
In addition, Wolf Electronix appointed 20-year veteran Robert Greiner as CEO. Prior to joining Wolf, Greiner was CFO of a management group in the Northwest, complementing 10 years of financial and operational management in the EMS industry.

The public is invited to an open house the first week of November; call 800-458-3179 for details.

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