LOS ANGELES -- P. Kay Metal today named Tamura
Corp. of Korea and Tamura H.A. Machinery will
distribute the company's molten solder surfactant in Korea and North America.
Tamura president James Kim stated,
"We have been searching for ways to assist our customers eliminate solder dross,
especially with expensive lead-free alloys, and this partnership with P. Kay
Metal will allow us to bring this new technology to them."
Larry Kay, president of P. Kay Metal, said, "We are
very excited with the possibilities afforded us by the addition of Tamura
Corporation of Korea and Tamura H.A. We look forward to
the additional opportunities created by partnering with this well-respected
group with such extensive wave soldering experience."
More equipment debuted at IPC Apex today than any
trade show in recent memory. As usual, the placement machines grabbed the headlines, and with good reason: some are pushing 100,000 cph placement rates. Another exciting development was Viscom's combination x-ray/AOI machine.
Still, the show itself is more modest than in years past.
SAN JOSE – Bookings at North American-based semiconductor equipment manufacturers rose 39% to $1.7 billion in January. The book-to-bill jumped to 1.06, the SEMI trade group said, rising for the third straight month and closing above the benchmark 1.0 level.
The
sums are based on a three-month average of worldwide bookings.
JASPER, IN -- Kimball Electronics on Thursday moved decisively into the hot medical EMS market, closing its acquisition of fellow EMS firm Reptron Electronics.
Technically a merger, the deal was announced last December. The approximate value of the transaction
was $49.5 million.
MILPITAS, CA -- Solectron Corp. president and chief executive Michael Cannon resigned yesterday, effective immediately, to take a job as president of global operations at Dell.
Chief financial officer Paul Tufano, 53, was named interim CEO and principal executive officer. A search is underway for a permanent replacement.
Tufano has been executive VP and CFO since Jan. 30, 2006.
JACKSON, MI -- EMS provider Sparton
Corp. reported fiscal second quarter sales rose 40.8% to $53.1 million over the same quarter
last year. For the three months ended Dec. 31, the net
loss was $1.4 million, vs. a net profit of $202,000 last year. The results were lower due to the redesign and rework of existing sonobuoys to
address issues from failed drop tests which occurred during the first
quarter of fiscal 2007.