News
ST. LOUIS -- Viasystems Group today reported fourth-quarter net sales in its assembly business unit rose 23.4% year-over-year to $45.4 million. The division swung to an operating profit of $900,000, up from a loss of $800,000 a year ago.
JAKARTA -- At long last, Hon Hai Precision Industry (Foxconn) has formalized its plans to establish a manufacturing plant here, as today it signed a letter of intent to invest, a city spokesman told reporters.
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NEWARK, NY -- IEC Electronics reported a fiscal first-quarter net loss of $1.1 million, down from a loss of $101,000 a year ago.
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