News
WASHINGTON -- A pair of amendments proposed today to the Currency Exchange Rate Oversight Reform Act of 2011 would create new protections for the intellectual property of US companies and citizens.
RICHARDSON, TX ― Electronics manufacturing services company ACD reported a record third quarter, with sales currently up 17% year-over-year, and up 32% year-to-date over 2010.
Seven out of the first nine months in 2011 have been record months, the firm says.
The firm has added two Juki lines this year, and has more than tripled its capacity with the expansion of its plant here.
ACD has hired an additional 30 employees in the last year.
CIRCUITS ASSEMBLY's feature article on ACD this month: http://www.circuitsassembly.com/cms/component/content/article/159/11752-out-of-the-fire-acd-heats-up.
TAIPEI – Foxconn has paid about $45 million for Cisco’s set-top box manufacturing facilities in Mexico, a deal previously announced in July:
http://circuitsassembly.com/cms/news/11432-foxconn-buys-ciscos-juarez-facility.
Foxconn acquired the sites through PCE Paragon Solutions, a Hon Hai subsidiary, say published reports.
Cisco had acquired the plants as part of its purchase of Scientific-Atlanta in 2006. The production facility in Juarez has a total staff of 5,000.
The companies had announced the deal in mid-summer but had not previously disclosed the sale price.
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