News
IRVINE, CA – Probe Manufacturing reported third-quarter net sales increased 61% year-over-year to $1.23 million.
The electronics design and manufacturing services company reported operating income of $92,820, up 380%, with net income up 212% over the same period last year.
“Sales increased to $3,298,692 for the nine months ending September 30, 2011, an increase of 65% compared to $2,005,237 for the previous year, and profitability continues on a strong, consistent pace,” said John Bennett, CFO of PMI.
MUNICH – Any fears that Productronica would be a disappointment were allayed today. The crowds were out in force, with the show floor busy from opening to close.
ST. LOUIS – Viasystems Group said it would withdrawal its previously announced proposed public offering of 2,000,000 shares of common stock, as well as its shareholder's offering of 2,000,000 shares of common stock.
The provider of multilayer printed circuit boards and electromechanical solutions made the decision to withdraw the offering as a result of unfavorable market conditions.
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