News
JUAREZ -- Flextronics has begun construction on a plant in Juarez, its third in Mexico, according to various media reports. The company expects the factory to open this month, an analyst who spoke with the company told Circuits Assembly.
Electronicosonline.com, a Mexican online publication, reported that Flextronics would invest $25 million on the 430,000 sq. ft. plant. Construction reportedly began in August, the publication said. About 300,000 sq. ft. of the new site would be dedicated manufacturing floor space.
Electronicosonline.com, a Mexican online publication, reported that Flextronics would invest $25 million on the 430,000 sq. ft. plant. Construction reportedly began in August, the publication said. About 300,000 sq. ft. of the new site would be dedicated manufacturing floor space.
LOUISVILLE, KY -- Sypris Solutions today reported revenue fell 10.5% to $126 million for its third quarter compared to a year ago. The company reported a net loss of $800,000, down from a profit of $3 million. Most of the problems stemmed from the company's industrial and electronics groups.
Electronics' sales fell on a launch delay of a new classified program for the U.S. Government. That program is now expected to reach full ramp in 2007, said Jeffrey T. Gill, president and chief executive.
Electronics' sales fell on a launch delay of a new classified program for the U.S. Government. That program is now expected to reach full ramp in 2007, said Jeffrey T. Gill, president and chief executive.
JACKSON, MI -- Electronics manufacturing services provider Sparton Corp. reported first quarter 2007 sales rose 29% to $48.3 million but the net loss widened 92% to $2.5 million versus last year.
Sales were stronger in all segments except government, which declined significantly due to several unsuccessful sonobuoy drop tests. The failed tests incurred higher program costs and resulted in lost contracts, Sparton said.
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