News
NEW YORK -- Former Tyco International CEO L. Dennis Kozlowski
and CFO Mark Swartz were sentenced on Monday to up to 25 years in prison and
fined a collective $239 million for looting the company of
hundreds of millions of dollars.
The men were taken immediately into custody.
Kozlowski, 58, and Swartz, 44, will be eligible for parole after about eight years.
Kozlowski, 58, and Swartz, 44, will be eligible for parole after about eight years.
JACKSON, MI -- Sparton Corp. an EMS provider, announced its engineering and electronics manufacturing
operations are in full compliance with the Restriction of Hazardous
Substances directive. Sparton received third-party certification for establishing a fully
compliant lead-free design and manufacturing process into its
electronics services capabilities, the company said today.
TORONTO - Nortel Networks Corp. today said its manufacturing plant in Monkstown, Northern Ireland, would no longer be included in the sale of several of its factories to Flextronics. Instead, Nortel, will use the plant as its regional supply-chain
center for operations in Europe, the Middle East
and Africa.
