Circuits Assembly Online Magazine - Current

Press Releases

Somerset, NJ – November 16, 2018 – Alpha Assembly Solutions, the world leader in the production of electronic soldering and bonding materials, has attained International Automotive Task Force (IATF) 16949:2016 certification for all manufacturing facilities globally that produce products for automotive applications.

November 2018 — VJ Electronix, Inc., a leading global provider of advanced X-ray inspection, component counting systems and PCB rework technologies, is pleased to announce the addition of two Service Engineers based out of its Chelmsford, MA headquarters. David Marchesini and Keith Desharnais have joined the VJE team to expand the group’s capabilities and improve customer service support.

Kitron has signed a three-year manufacturing agreement for electronic modules for electric wheelchairs with a leading producer of complex rehab technology. In total, the agreement is expected to generate revenues of NOK 150 million.

NAPLES, FL ― November 2018 — MW Associates, a global all-electronics marketing and electronics assembly consultancy agency, announces that its President Megan Wendling received the Councilor of the Year Award from SMTA China for the seventh year.

TORONTO, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced that it has utilized the accordion feature under its current credit facility to add an incremental $250.0 million term loan (the “Incremental Term Loan”), for total term loan borrowings under such facility of $600.0 million. Net proceeds of the Incremental Term Loan were used to repay approximately $245.0 million of the $339.5 million borrowed under the Company’s revolving loan to finance its recently-announced acquisition of Impakt Holdings, LLC. The Incremental Term Loan bears interests at LIBOR plus 2.5%, and in connection therewith, the interest rate on the Company’s original $350.0 million term loan increased to LIBOR plus 2.125%. The Incremental Term Loan is subject to quarterly principal repayments of $625,000, and matures together with the original term loan in June 2025. The Incremental Term Loan was provided by a syndicate of lenders and Bank of America, N.A. as Administrative Agent. All dollar amounts are denominated in US dollars.