AUSTIN, TX – Newisys Inc., developer of multiple server technologies, is closing its manufacturing operation in Austin, TX and laying off 87 local employees.
Part of Sanmina SCI Corp., the San Jose-based parent company notified the Texas Workforce Commission of the layoffs in a letter dated May 8.
Newisys was founded in 2000 to capitalize on the Opteron chip produced by Advanced Micro Devices Inc. and was picked up by Sanmina SCI in 2003. It employed 100 people at that time.
Executives at Sanmina SCI could not be reached for comment.
LOS ANGELES – Northrop Grumman Corp. plans to close its Interconnect Technologies business in Missouri, and will discontinue PCB manufacturing for third parties, effective July 31.
Its interconnect business base is declining, and the plant is currently operating at about 25% capacity, the company said in a statement.
The factory produced backplanes and printed circuit boards.
PHOENIX – EMS provider Suntron Corporation reported net sales of $65.2 million and an operating loss of $1.2 million for the first quarter of 2007.
Gross profit for the first quarter was $3.5 million (5.3% of net sales), a decrease of $4.5 million compared to $8 million (8.4% of net sales) year-over-year.
Net sales in the first quarter last year were $95.8 million. This reflected a one-time increase in sales from an industrial customer and strong demand from semiconductor equipment customers.