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STAMFORD, CT -- Worldwide semiconductor capital equipment spending will rocket to new heights this year before falling to earth in 2007, Gartner said in a new report. The research firm said equipment sales were on pace to jump 24.8% this year, to $42.3 billion.

However, the firm forecasts a 4.5% drop in 2007 and then a rebound in 2008.

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SIDNEY, NY -- Flooding hit a Amphenol manufacturing site in upstate New York and the company says it will take $15 million to $30 million in expenses in its second quarter as a result.

According to various reports, several feet of water deluged the Sidney plant, a 600,000 sq. ft.  facility which builds aerospace and industrial connectors. The plant employs about 1,500 workers and generates a reported $150 million to $200 million per year.

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SAN JOSE, CAX-line Asset Management, a provider of disposition and auction services, will conduct a second auction on behalf of Connor Winfield for the former assets of AG Communications in Genoa, IL, on July 10-12. The online liquidation includes over 200 pieces of SMT, PCB, and test and measurement equipment.  
 
The company will also auction surplus equipment for Benchmark Electronics in Leicester, UK, on July 18. Highlighted items include 10 high-speed Siemens pick-and-place machines, three Genrad ICT testers and three DEK screen printers.
 
X-line is conducting this second sale in conjunction with the Branford Group and Bache Treharne.
 
For more info. about the auctions, visit xlineassets.com.

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