EL SEGUNDO, CA – After experiencing a drop in surplus inventory at the end of fourth quarter, semiconductor stockpiles in the supply chain continued to decline in the first quarter as result of previous production cuts by chip manufacturers, according to iSuppli Corp.
MARLBOROUGH, MA – Flomerics reported sales rose 24% to $27.8 million in 2006, and gross profits climbed 30% to $2.9 million, before taxes and other charges. A key factor was the company’s July acquisition of Nika. Global sales of Nika’s Engineering Fluid Dynamics software grew 33% in 2006. Excluding revenues from Nika, sales grew 13% to $25.3 million for the year. Sales of Flomerics’ Flotherm and Flo/PCB increased 11%, while revenues from MicReD were up 80%. Revenue from Flo/EMC and MicroStripes grew 4%, and Flomerics’ Flovent product’s revenue grew 24%.
PLEASANT PRAIRIE, WI – Promation has been selected to design and build a custom conveyor solution that will permit the manufacture of large platform elevator control cabinets in a progressive assembly line.
The company’s power-driven roller conveyor solutions coupled with air bladder lifts, product rotating stations with overhead lighting, and tool trolleys and power crossover stations have been integrated to create a safe assembly line to manufacture the customer’s 650 lb. control cabinets.