Circuits Assembly Online Magazine - Current Issue

News

ST. LOUIS – LaBarge, Inc. today reported fiscal 2007 third quarter sales were $59.6 million, up 26% year-over-year. Third-quarter profit increased 23% to $2.8 million, compared to $2.3 million last year.

For the nine months ended Apr.1, sales were $170.3 million, up 26% from $135 million year-over-year. Profit for this period increased 21% to $8.5 million.

During the third quarter, shipments to defense customers were the largest contributor to revenues, accounting for 39% of sales, versus 38% in the fiscal third quarter of 2006.

EL SEGUNDO, CA – iSuppli Corp. will host a free Webinar, IP/Networked Video Surveillance: Equipment and Semiconductors, on May 15 at 8:30 a.m. PST. Mark Kirstein, vice president, multimedia content & services, will discuss the current market for video surveillance systems; market sizes and trends for surveillance equipment; trends for surveillance semiconductors, and new technologies enabling fresh areas of growth.

The Webinar will also answer such questions as who the leaders in video surveillance are; why networked DVRs have replaced regular digital recorders in modern surveillance systems; what the fastest growing segment of the video surveillance market is, and where opportunities and challenges reside for equipment and technology providers in this market.

For more information, please visit: http://www.isuppli.com/events/default.asp?EventCode=WB.

CAPE TOWN, SOUTH AFRICA – In March Tellumat acquired Pertec Ltd.’s EMS subsidiary Rhomco. No financial terms were announced.

Rhomco’s operations will transfer from Diep River to Cape Town, where Tellumat is located. The addition will add about 40% to Tellumat’s capacity, said CEO Rasheed Hargey.

Tellumat’s EMS group builds for the telecom and medical markets.