News
CIUDAD JUAREZ, MEXICO -- Flextronics has completed the first phase of its planned 1.9 million sq. ft. facility in here, the company said today.
The site, as previously reported by Circuits Assembly, will perform build-to-order services, electronics assembly, metal stamping, plastic injection, repair and distribution. It will employ 4,000 employees within five years, the company said.
The site, as previously reported by Circuits Assembly, will perform build-to-order services, electronics assembly, metal stamping, plastic injection, repair and distribution. It will employ 4,000 employees within five years, the company said.
TORONTO -- Electronics manufacturing services provider SMTC Corp. has expanded its San Jose footprint to accommodate more manufacturing and configure-to-order capacity, as part of its strategy on developing opportunities in the Western U.S. SMTC San Jose offers fully integrated manufacturing services ranging from assembly, testing, box-build to final product integration and customer logistics.
NEWARK, NY -- IEC Electronics' fourth-quarter revenue rose 95 % and net Income increased 577% over last year .
For the quarter ended Sept. 30, the EMS firm's revenues increased to $8.1 million, operating Income was up 671% to $447,000 (5.5% of sales), and net Income was $352,000.
It was the company's highest level of quarterly sales in over three years. Backlog is also at its highest point in three years. Since June the firm has added more than 100 employees.
W. Barry Gilbert, Chairman of the Board and CEO, said, "Barring unforeseen events we expect sales and profitability to continue to show quarterly improvements over the same period from the previous year. "
IEC has renegotiated its loan agreement with Keltic Financial LLC to increase borrowing capacity and to reduce associated borrowing costs.
For the quarter ended Sept. 30, the EMS firm's revenues increased to $8.1 million, operating Income was up 671% to $447,000 (5.5% of sales), and net Income was $352,000.
It was the company's highest level of quarterly sales in over three years. Backlog is also at its highest point in three years. Since June the firm has added more than 100 employees.
W. Barry Gilbert, Chairman of the Board and CEO, said, "Barring unforeseen events we expect sales and profitability to continue to show quarterly improvements over the same period from the previous year. "
IEC has renegotiated its loan agreement with Keltic Financial LLC to increase borrowing capacity and to reduce associated borrowing costs.
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