NATICK, MA -- Cognex set new records for revenue and net income in 2013, buoyed by a 16% uptick in sales in its fourth quarter. December period sales reached $95.7 million, while net income was up 26% to $20.4 million.
NEENAH, WI -- Plexus's charitable foundation has provided $50,000 to the Tesla Engineering Charter School. The grant was provided to update the Appleton East High School's Manufacturing Lab with a new state-of-the-art CNC milling machine.
TAIPEI -- A Foxconn subsidiary will establish a joint venture with leading Chinese gaming software developer to market education-use tablets. The new entity, which pairs the EMS/ODM with Foxteq Holdings and NetDragon Websoft will design and build the tablets, which are aimed at schools in China.