BOSTON, Dec. 28 -- DEK has shipped company record 75,000 stencils this year, the company said today.
"Over the last 4 years, DEK has made significant investments in our logistics infrastructure, manufacturing capabilities and product R&D," says Michael Brianda, European general manager for DEK process support products. "It is very gratifying to see the fruits of our efforts - the 75,000th stencil shipment of 2004."
DEK manufactures a range of stencils and screens for electronics assembly.
Under the terms of the agreement, Desco will acquire patents, designs, inventory, tools and equipment and company brand names. Anaheim, CA- based SPI does business under the name SPI Westek.
In a press statement Wayne Hunter, president of Desco, commented that the acquisition of SPI would enhance Desco's range of ESD solutions.
Tom Seratti, president of SPI Westek, will join Desco.
The mission is aimed at business executives seeking to develop familiarity with the Indian electroindustry supply base and market, acquire firsthand knowledge of emerging business practices and establish contact with key business and government officials.
NEMA is arranging meetings with the U.S. Commerce Department officials, the Indian Ministry of Commerce and Industry and other local officials. The trade group will also attend various engineering conferences and manufacturing sites.
Commitments are due Jan. 10; www.nema.org/media/pr/upload/india-commitment.pdf.