LANCASTER, PA, Jan. 7 -- Bulova Technologies, a contract electronics manufacturer, today announced it has raised $6 million in mezzanine capital for future expansion.
The financing, provided by NewSpring Ventures and TRF Urban Growth Partners, will fund a planned expansion in December."This financing will provide the resources to continue to grow the company and to take advantage of both organic opportunities and potential acquisitions," said Stephen L. Gurba, president and chief executive.
.Privately held Bulova was founded in 1942 as a subsidiary of the Bulova Watch Co.
SAN JOSE, Costa Rica, Jan. 5 -- A pair of suppliers of electronics materials and equipment will team to deliver a one-day seminar on lead-free manufacturing here later this month.
On Jan. 19, DEK, a provider of screen printers, and Kester, a supplier of solder materials, will cover new lead-free alloys, wave soldering, reliability and the global impact of compliance.
Technical papers including "Effects of cooling Speed on Microstructure and Tensile Properties of SnAgCu Alloys" and "Chip Scale Package Rework Considerations: Using Solder vs. Gel Flux" will also be presented, and the impact of lead-free on screen printing will be addressed.
While many courses leave out any discussion of Pb-free's impact on mass imaging, recent research conducted by DEK has shown that paste application method (squeegee vs. enclosed head), stencil material, stencil manufacturing method and machine accuracy all have a tremendous impact on the successful implementation of lead-free manufacturing, the companies said.
The seminar will take place at the Melia Callari Hotel. For more information or to register contact Craig Brown, DEK Americas general manager, at 908-782-4140, x 226.
TEMPE, AZ, Jan. 7 -- Three-Five Systems Inc., a provider of electronics manufacturing services, sold its headquarters here in a deal worth more than $11 million.
TFS sold the building, located at 1600 N. Desert Dr., as well as its lease-hold interest in the ground sublease to Papago Paragon Partners, an unaffiliated company.
TFS received $9.35 million in cash plus a $2 million promissory note. The deal closed Dec. 30.