SIOUX FALLS, SD -- Raven Industries today reported record sales and earnings for its second quarter ended July 31. Net sales rose 11% to $50.4 million versus a year ago, while net income climbed 7% to $5.1 million.
ESSEX, UK -- Remploy Electronics, a U.K.-based electronics manufacturing services company, will double its capacity this year, an online news source reported.
"Our business is growing and we’re investing. The plan is that we will almost double the size of our business this year," general manager Rick Cook reportedly told Electronics Weekly.
Some of the firm's factories are now running 24/7, he said.
Remploy has board assembly facilities in the U.K., in Barking, Essex and Bolton, Lancashire.
Remploy gets some funding from the British government funded and is restructuring some other non-electronics operations, the report said.
UPPER SAUCON TWP., PA -- Lutron Electronics Co., a manufacturer of lighting control products and systems, will create at
least 500 new jobs within five years by expanding its Pennsylvania
operations.
Lutron plans to construct a 250,000-sq. ft. office building, and expand its product evaluation building by some 20,000 sq. ft.