GELDERN -- After less than a year, Germany's two largest PCB manufacturers have dissolved a joint sales, marketing and production deal.
In a press release today, Fuba and Ruwel said they have also withdrawn a corporate holding company. The companies joined forces just last year.
As a reason the companies cited differences in views on the strategic alignment.
For the second half of 2004, sales rose 14.4% to $79.7 million. Second half net income was $2.9 million, vs. a loss of $3.7 million.
For the quarter, gross margins were 10%, up from 4.3% last year.
Dynalab electronics manufacturing services include through-hole and surface-mount PCB assembly, wire harness and cable assembly, insert molding, and electromechanical assembly. The company also supplies proprietary continuity test equipment to the general electronics, automotive and telecommunications industries.