News
ATLANTA -- Effective March 1, China will require labels on products sold to end-users that contain any substances that can be considered to fall under any of the six RoHS classes. But two problems persist: What the labels will look like, and the particulars of how companies will comply. Of particular concern are the unknowns at play preventing companies from compliance.
“The law didn’t specify what the labeling and disclosure requirements will be – just that there are labeling and disclosure requirements,” explains Michael Kirschner, president of Design Chain Associates, a consulting firm that has been closely tracking the issue.
“The law didn’t specify what the labeling and disclosure requirements will be – just that there are labeling and disclosure requirements,” explains Michael Kirschner, president of Design Chain Associates, a consulting firm that has been closely tracking the issue.
NORTH BILLERICA, MA -- BTU International said net sales for the quarter ended Oct. 1 slipped 2% year-on-year to $18.3
million. The maker of soldering equipment reported net income jumped 48%, to $2.3 million.
NEW YORK -- Dover Corp. reported third-quarter earnings from continuing operations rose 27% to $156.3 million from a year ago, while revenues spikied 21% to $1.65 billion.
For the quarter ended Sept. 30, the company reported a gain of $274 million in proceeds from the sale of discontinued businesses. Those units include electronics OEM notables Universal Instruments, Vitronics-Soltec and Hover-Davis, among others. In the second quarter, Dover took a $106.5 million writedown against the carrying values of the discontinued businesses.
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