News
JASPER, IN -- Kimball Electronics on Thursday moved decisively into the hot medical EMS market, closing its acquisition of fellow EMS firm Reptron Electronics.
Technically a merger, the deal was announced last December. The approximate value of the transaction was $49.5 million.
Technically a merger, the deal was announced last December. The approximate value of the transaction was $49.5 million.
MILPITAS, CA -- Solectron Corp. president and chief executive Michael Cannon resigned yesterday, effective immediately, to take a job as president of global operations at Dell.
Chief financial officer Paul Tufano, 53, was named interim CEO and principal executive officer. A search is underway for a permanent replacement. Tufano has been executive VP and CFO since Jan. 30, 2006.
Chief financial officer Paul Tufano, 53, was named interim CEO and principal executive officer. A search is underway for a permanent replacement. Tufano has been executive VP and CFO since Jan. 30, 2006.
JACKSON, MI -- EMS provider Sparton
Corp. reported fiscal second quarter sales rose 40.8% to $53.1 million over the same quarter
last year. For the three months ended Dec. 31, the net
loss was $1.4 million, vs. a net profit of $202,000 last year. The results were lower due to the redesign and rework of existing sonobuoys to
address issues from failed drop tests which occurred during the first
quarter of fiscal 2007.
Press Releases
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- Nordson Electronics Solutions Completes its Europe Location Move to a New, State-of-the-Art Facility
- Ascentron Upgrades Entire Hand Soldering Line to Ersa i-CON 1 MK2