caLogo

News

SAN BRUNO, CA -Worldwide Manufacturing USA, Inc. today announced year-end net sales of  $6.7 million, up 12% from $6 million last year.

For the year ended Dec. 31, Worldwide posted gross profits of $2.6 million, up 31% from last year.Net income before taxes was $777,978 compared to $502,372 last year. Net profit was $521,486, versus $540,872.

Worldwide is an engineering firm specializing in contract manufacturing and is a direct manufacturer of air-conditioning units for cars. It has two wholly owned subsidiaries, Shanghai Intech Electro Mechanical Products, and Chengde Science & Technology Co., Ltd., located in Shanghai, and Changchun City, China, respectively.

HIALEAH, FL -- Simclar, Inc., a electronics contract manufacturer, reported 2004 revenue of $53.6 million, up 48% from $36.2 million in 2003.

Pre-tax income rose 134% to $3.4 million. Net income was $2.3 million, up from $1.1 million.

More than half (57.3%) of the revenue increase was attributable to the July 2003 acquisition of a plant in Mexico.

The company's largest markets were computer peripherals ($5.1 million) and instrumentation ($4.3 million). About 43% of sales were made to five customers, with Illinois Tool Works, at 17%, the only one that accounted for more than 10%.

In a press statement chairman Sam Russell said, "The progress in the area of cost containment made in previous years flowed through to the realization of record earnings in 2004. We were able to make some adjustments in the second half of the year even as raw materials costs were on the increase. We will continue to be vigilant in the area of cost containment, and we initiated programs in the latter part of 2004 to partner with suppliers who will work with us to decrease delivered materials costs.


Read more ...
Mansfield, TX -- Mouser Electronics Inc. will distribute the Coto Technology line of reed switches, reed relays and reed sensors. 
 
Mouser will stock Coto's BGA relays, pico relays, surface-mount relays, reed switches, reed sensors and the Spartan line of SIPs and DIPs.
 
According to Mouser president Glenn Smith, the distributor has a broad product line and over 100,000 customer accounts primarily focused on the design-in and prototyping stage.
 
Coto Technology, a division of Kearney National Inc. and wholly-owned subsidiary of Dyson-Kissner-Moran Corp., has manufacturing locations in the U.S., Mexico and The Netherlands. 

Page 4589 of 4863

Don't have an account yet? Register Now!

Sign in to your account