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OLATHE, KS -- Elecsys reported fiscal first-quarter contract electronics assembly sales fell 24% year-over-year as the company eliminated its lower-margin programs.

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HARTLEPOOL, UK -- EMS firm Stadium Group has acquired all shares of displays OEM IGT Industries for up to £4.2 million in cash.

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HONG KONG -- Local courts in two countries have approved creditors' plans for the restructuring of Surface Mount Technology (Holdings) Ltd., the company said today.

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