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.
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%.