PATHUMTANI, THAILAND – SVI Public Co. posted first quarter consolidated sales of THB 5.7 billion (US$165.2 million), an increase of 65.2% year-over-year and 0.4% sequentially.
WAYZATA, MN – Nortech Systems reported first quarter net sales were $30.7 million, up 38.9% year-over-year, driven primarily due to higher production volume, as well as price increases to counteract higher material and labor cost. The company says it has scaled the direct labor workforce and strengthened the supply chain for parts.
SAINT-HERBLAINE, FRANCE – Lacroix Group reported Electronics segment first quarter revenue of €122.1 million, up 41% year-over-year.