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SCOTTSDALE, AZ — Intense competition for power and water resources will boost demand for smart meters, a new research report finds.

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TORONTO – Electronics manufacturing services provider SMTC Corp. today reported second-quarter revenue of $48.8 million, down 13% sequentially and down 31.5% year-over-year.

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GAINESVILLE, GACount On Tools expanded its manufacturing operations at its headquarters here, as a response to a growing market for SMT nozzles and consumables.

COT recently converted 1200 ft2 of additional warehouse space into a new production cell for the company’s contract machining division.

Additionally, the firm purchased another 20mm Swiss Turning Center to increase production capabilities and lower product lead times.

The Swiss Type Lathe offers turning, milling and cross drilling from a combination of power systems, main-spindle, sub-spindle, front-end tool, rear-end tool, C-axis and driven tools.

COT provides precision components and SMT spare parts.

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