LAKE FOREST, CA -- EMS firm Probe Manufacturing Inc. today reported third-quarter revenues of $2.5 million, up 70% over the same period in 2005. Gross profits rose 90% to $612,578 for the period ended Sept. 30.
The net profit was $40,325, up from a loss of $217,844 last year.
MILPITAS, CA -- Does Solectron want to be bought? The top tier EMS firm on Tuesday eased a hypothetical takeover by a possible suitor by killing its stockholder
rights plan, otherwise known as a "poison pill" defense.
In a statement Solectron chief executive Michael Cannon said the new policy "reflects the board's
continuing commitment to corporate governance best practices."
BRUSSELS – Beginning Jan. 1, 2010, products sold in the European Union must be in metric units.
The measure, by the European Union Council Directive 80/181/EEC, also known as the Metric Directive, bans use of any other measurements for most products sold in the EU.