News
TORONTO -- SMTC Corp. will build assemblies for Leitch Technology in a deal worth an estimated annualized run rate of $20 million.
SMTC will provide electronics manufacturing services for Leitch, a maker of high-end video systems.
Under the terms of the agreement, SMTC will initially provide complete manufacturing services to Leitch at its new product introduction center in Markham, Ontario, and its facility in Chihuahua, Mexico.
In a statement, SMTC senior vice president of business development Steve Hoffrogge said the "transition ... is well underway, with full roll out of the initial phases expected in the third and fourth quarters of the year."
RICHARDSON, TX – Michael C. Shores, president and chief executive of TXP-Texas Prototypes Inc, was named a finalist for Ernst & Young's Entrepreneur of the Year 2005.
The E&Y program recognizes significant business achievements around the world made possible by the entrepreneurial spirit.
Shores, who writes a column on optoelectronics assembly for Circuits Assembly, is a finalist in the Realizing Business Potential category for the Southwest.
Shores was selected by an independent panel of judges comprised of local business, academic and community leaders.
TXP provides prototyping electronics manufacturing services. It was
“The acceptance of our business model has been overwhelming,” said
ST. PETERSBURG, FL – Jabil Circuit reported third-quarter profit climbed 48% on a 19% hike in sales. The top tier provider of electronics manufacturing services said May quarter earnings rose to $59.4 million, from $40.1 million a year ago.
Revenue rose 19% to $1.94 billion from $1.63 billion last year.
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