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SOUTHLAKE, TX – TestEquity acquired test and measurement company MCS Test for an undisclosed sum. The acquisition will enable TestEquity to expand its market to the UK.

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SAN JOSE – Sanmina reported fiscal third quarter net sales of $1.66 billion, up 0.18% year-over-year. For the quarter ended Jul. 3, net income was $117.4 million, an increase of 161.5% compared to the same period last year. Operating income was $74.3 million, up 15.9%.

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GARY, INDIANA – The city of Gary is suing Akyumen Technologies for failing to live up to its plans to build a smartphone manufacturing assembly plant here.

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