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ANGLETON, TX -- Benchmark Electronics reported sales of $625 million for its fourth quarter, up sharply from $524 million last year. Net income was up $4.5 million, to $24.7 million, for the quarter ended Dec. 31.

The company said it will expand its low-cost capacity while realigning elsewhere, specifically in in the U.K. It said it would take a $3.5 million to $4.5 million pretax charge for the closure of its U.K. facility.

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ANAHEIM, CA – Valor Computerized Systems today named Ori Braun as president of its North American unit.

The announcement came on the eve of the Apex trade show.
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PEMBROKE, BERMUDA – Tyco reported its Electronics Division had sales of $3.02 billion for its fiscal first quarter 2006, up 5% from last year. The division, one of three that split off from Tyco later this year, saw organic growth of 8%. 
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