Catalyst Manufacturing Services will purchase the subsidiary, TFS Electronic Manufacturing Services Inc., in a deal worth about $6.6 million. Catalyst will pay $3.6 million in cash and assume certain liabilities of TFS EMS.
TAMPA -- Reptron Electronics today reported financial results for its second quarter ended June 30, and said it would lay off 10 to 12% of its workforce in an attempt to cut costs..
ARLINGTON, WA -- CheckSum, a supplier of low-cost in-circuit test systems, has opened an sales and support office in Shanghai.
John VanNewkirk, president and chief executive, said the company has more than 500 installations in China since first selling there in the 1990s.
The facility will be headed by Tony Tan, field product specialist, a veteran of Teradyne and Landrex Technologies.