BOSTON -- A pair of leading makers of screen printers have signed a licensing agreement for a patented print head.
DEK will license its "ProFlow" enclosed print head technology to Ekra, for use in new machines. The deal is for five years, and financial terms were not disclosed.
The
agreement also covers printers sold under the Asys name. Asys purchased Ekra earlier this year.
MINNEAPOLIS -- Nortech Systems
today reported record net sales of $20.9
million for the third quarter ended Sept. 30, 2005, up 9% over 2004.
Net income was up 10% to $260,357.
Year-to-date sales are up 16%, to $60.5 million, and net income is up 30%, to $498,210.
ST. LOUIS -- LaBarge Inc. reported net sales fell 9.2% year-over-year to $39.6 million for the quarter ended Oct. 2. Net
earnings were down 13% to $2 million, due to customer delays in startup programs and rescheduled
shipments.
Craig LaBarge, chief executive and president, said, "Production has now ramped up on
most of the affected programs and we expect shipments to proceed
without further delays."