News
FORT WORTH,
TX -- Berkshire
Hathaway Inc., the investment fund of Warren Buffett, will buy component distributor TTI Inc. Terms were not disclosed and the deal is expected to close during the first quarter of 2007.
The deal includes TTI subsidiary Mouser Electronics. TTI is the world's fifth largest electronics components distributor, with reported sales of $835 million in 2005.
The deal includes TTI subsidiary Mouser Electronics. TTI is the world's fifth largest electronics components distributor, with reported sales of $835 million in 2005.
MANKATO, MN – EMS firm Winland Electronics has signed a one-year agreement to manufacture a line of digital imaging products.
The company shipped $1.1 million of digital imaging products in the fourth quarter and has received a purchase order for an additional $1.1 million scheduled for shipment in early 2007.
The firm said it anticipates additional orders. The supply agreement is renewable in one-year terms.
The company shipped $1.1 million of digital imaging products in the fourth quarter and has received a purchase order for an additional $1.1 million scheduled for shipment in early 2007.
The firm said it anticipates additional orders. The supply agreement is renewable in one-year terms.
MILPITAS -- Top tier electronics manufacturing services provider Solectron reported November quarter sales of $2.99 billion, up 22% from the same quarter 2005. In its 10Q form, Solectron said its gross profit was up 10% to $149.4 million, while income from continuing operations fell sharply to $6.6 million from $20.2 million a year ago.
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