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COLUMBIA, MD — The December Credit Managers' Index remained above the 50 mark indicating growth, rising 60 basis points to 52.9.

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SKELLEFTEA, SWEDEN -- Top 50 EMS firm Note Ab will sell its operations here to optoelectronics services provider Optronic for an undisclosed amount.

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PHOENIX -- Bankrupt EMS firm Three-Five Systems, once a major player in cellphone liquid crystal displays, will make a final liquidating distribution to certain stockholders and will file with the SEC to deregister its securities and complete the process to dissolve.

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