NORWALK, CT --The global market
for green materials is estimated at $6.1 billion in 2005 and is
expected to reach $8.7 billion by 2010, an average annual growth rate
of 7.4%, according to a soon-to-be-released report from Business
Communications Co.
Green materials include Pb-free
solders and solder coatings, and replacements for PBB and PBDE,
hexavalent chromium, cadmium and mercury. PBB and PBDE replacements
accounted for $3.5 billion in 2003, $4.3 billion in 2004, and $4.7
billion in 2005.
HIALEAH, FL -- Simclar Inc.,
a electronics contract manufacturer,
reported September quarter revenue of $16.6 million, up 25.4% from last year. Net income fell to $242,000 versus
$486,000 a year ago.
Excluding the
May 1, 2005 acquisition of Simclar (North America), revenue for the quarter would have
been $14.9 million, up 11.9%, and net income would have been $353,000.
SIOUX FALLS, SD -- Raven Industries
reported sales rose 11% to a
record $54.1 million over the year-ago period and net income rose 32%
to a record $6.9 million for its third quarter ended OCt. 31.
The company took a $820,000 after-tax writeoff of
an acquisition in the prior year; excluding that, the net income grew 14%.
For the
quarter, electronic systems sales were down 2% percent to $13.7
million. The division posted operating income of $1.9 million, up 18%
from a year ago. Customers requested early delivery of product in the
second quarter,
which reduced third quarter shipments.
For the first nine months of the
year, sales totaled $42.3 million, up 21% from the last year while operating income more than doubled, to $6.9
million.