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HERNDON, VA -- Jim McElroy, the chief executive of the International Electronics Manufacturing Initiative, is set to retire. A search for a successor has been launched.

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MINNEAPOLISRITE USA has signed an exclusive agreement to represent Exergy Technologies Corp. in North America and Canada.

No financial terms were disclosed.

RITE USA represents manufacturers in North America. The firm provides system solutions to the PCB and EMS marketplace, featuring EthorCel.

Exergy is a California-based manufacturer of industrial water and chemical recycling systems, utilizing advanced membrane and electro-membrane technologies.


 

SAN JOSE The 90-day moving average sales of semiconductors rose 5.4% sequentially to $16.5 billion worldwide in May, the Semiconductor Industry Association reported.

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