JASPER, IN – Kimball International today reported fourth-quarter net sales of $290.6 million, up 7% compared to the same quarter in 2009. Gross profit was $44.8 million, down a slight 1% year-over-year.
Net sales in the fourth quarter increased 22% year-over-year in the EMS segment to $186.5 million.
LAGUNA, PHILIPPINES – Integrated Micro-Electronics Inc. reported first-half net income fell 22% from last year to $4.7 million. Last year's results included a nonrecurring insurance gain.
ENDICOTT, NY – Contract electronics manufacturer Catalyst Manufacturing Services acquired the electronics assembly division of Harvard Custom Manufacturing, effective today.