News
Singapore – EMS provider Flextronics will hire more than 1,000 workers at its plant in northeast Hungary starting in September. Miklós Temesfalvi, deputy head of the local labor center, announced the hires in an interview with the Budapest Business Journal last week.
Temesfalvi said that the number may include a number of rehires. In February, the company announced plans to lay off 950 workers, but only 300 actually left. The plant currently has 1,100 employees.
Flextronics explained the earlier layoffs citing the seasonal nature of the products it makes, as well as differences in the size and number of its orders.
Temesfalvi said that the number may include a number of rehires. In February, the company announced plans to lay off 950 workers, but only 300 actually left. The plant currently has 1,100 employees.
Flextronics explained the earlier layoffs citing the seasonal nature of the products it makes, as well as differences in the size and number of its orders.
ST. PAUL, MN – 3M has acquired SCC Products Inc. and JJ Converting LLC, both based in Sanford, NC. Terms of the transactions were not disclosed.
SCC Products is a sister company of Static Control Components and provides engineering, manufacturing and sales of flexible static control packaging and workstation products for electronic devices. JJ Converting produces film used to make static control bags.
According to a press release, these acquisitions broaden 3M electronic solutions for flexible packaging in key electronic market segments.
SCC Products Inc. and JJ Converting LLC employ approximately 150 people worldwide. The transactions are subject to customary closing conditions.
SCC Products is a sister company of Static Control Components and provides engineering, manufacturing and sales of flexible static control packaging and workstation products for electronic devices. JJ Converting produces film used to make static control bags.
According to a press release, these acquisitions broaden 3M electronic solutions for flexible packaging in key electronic market segments.
SCC Products Inc. and JJ Converting LLC employ approximately 150 people worldwide. The transactions are subject to customary closing conditions.
ARLINGTON, VA – Electronic component orders were flat in June, while the index showing the average for the past 12 months continued its steady rise, according to the monthly report compiled by the Electronic Components, Assemblies & Materials Association (ECA).
“Energy prices, world tensions, lack of consumer confidence, and the typical summer lull have conspired to create some hesitancy among manufacturers,” said Bob Willis, ECA president. “That hesitancy is reflected in the four-to-five-week index. The good news is that the 12-month average is up about nine points over last year. Corporate spending will be the key over the second half, but I expect the index to remain positive.”
“Energy prices, world tensions, lack of consumer confidence, and the typical summer lull have conspired to create some hesitancy among manufacturers,” said Bob Willis, ECA president. “That hesitancy is reflected in the four-to-five-week index. The good news is that the 12-month average is up about nine points over last year. Corporate spending will be the key over the second half, but I expect the index to remain positive.”
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