News
GLENVIEW, IL -- Illinois Tool Works today reported operating revenues fell 18% year-over-year to $3.4 billion for the period ended Oct. 31.
ARLINGTON, VA -- Worldwide electronic component orders took a breather in October, dipping slightly while the 12-month average remained flat.
NELSON, BC – EMS firm Pacific Insight reported fiscal first-quarter sales fell 23% year-over-year to $5.65 million.
Sequentially, sales rose 15% for the period ended Sept. 30.
The loss was $132,000, down from net income of $155,000 in the prior year. The company ended the quarter debt-free.
Although the marketplace is showing signs of recovery, PI's first quarter sales and overall performance continue to be impacted by the economic downturn, the company said.
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