LOGAN, UT – EMS firm Inovar Inc. will break ground on an expansion that will triple its square footage.
With the expansion, Inovar’s Logan facility will reach 60,000 sq. ft.
The company plans to enhance its capabilities in new product introduction and prototyping, test services, DfM and final assembly. Currently, the company produces about 200 different products monthly.
A groundbreaking ceremony will take place on June 28 at 11:30 a.m.; customers and the public are invited.
ST. PETERSBURG, FL -- Jabil Circuit on Thursday night reported a 90% drop in net profits despite a 15% gain in quarterly revenue. In its third quarter ended May 31, the EMS firm reported net income of $6.2 million, down from $64.2 million last year, on sales of $3 billion.
SAN JOSE, CA – North American manufacturers of semiconductor equipment posted $1.67 billion in orders in May (three-month average) and a book-to-bill ratio of 1.0, according to SEMI.