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MILPITAS, CA – KLA-Tencor has entered into a definitive agreement to acquire Orbotech in a cash and stock deal valued at approximately $3.4 billion.

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TALLINN, ESTONIA – Eolane’s Estonia operations is moving into a new building here, where approximately 300 new jobs are expected to be created during the next few years, according to published reports.

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MARION, IA – Timberline Manufacturing plans to double its production space here and add 56 employees within the next three years to add to its current staff of 165. The company expects to spend $12.8 million on the project.

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