News
NEENAH, WI -- Plexus Corp. reported fourth-quarter
sales rose 18% to $322.2 million and net income of $10.5 million, reversing a net loss of $37 million last year.
For the fiscal year ended Oct. 1, the EMS firm showed a net loss of $12.4 million on revenues of $1.23 billion. Last year, Plexus reported and a net loss of $31.6 million on revenues of $1.04 billion.
For the fiscal year ended Oct. 1, the EMS firm showed a net loss of $12.4 million on revenues of $1.23 billion. Last year, Plexus reported and a net loss of $31.6 million on revenues of $1.04 billion.
SAN JOSE -- Sanmina-SCI
Corp.'s fourth-quarter profit grew to $15.1
million, despite a revenue slide of 16% to $2.77 billion over last year.
The company took $18.3 million in one-time charges for the quarter.
GREENVILLE, SC -- James P. McClintock resigned as head of business units and new business development of passives components maker Kemet Corp., effective Nov. 1.
The company did not disclose a reason in a press release issued Oct. 31.
On Oct. 26, Kemet reported a narrower quarterly loss.
McClintock is a former president and chief operating officer of the company. McClintock will receive separation pay of $320,000, a car allowance worth $6000, and health, life and disability insurance benefits for six months subject to certain terms and final agreement.
The company did not disclose a reason in a press release issued Oct. 31.
On Oct. 26, Kemet reported a narrower quarterly loss.
McClintock is a former president and chief operating officer of the company. McClintock will receive separation pay of $320,000, a car allowance worth $6000, and health, life and disability insurance benefits for six months subject to certain terms and final agreement.
