LOS ALTOS, CA -- Rising oil prices are dampening the world economy, with Europe and
Japan feeling the brunt worse than the U.S. and China. The result: A
significant economic slowdown next year.
PHOENIX -- Suntron Corp., a publicly traded electronics
manufacturing services company, today said its chief financial officer,
Peter W. Harper, will leave Oct. 7, to accept a position with another
company.
Harper released a statement saying, "I have greatly enjoyed my experience with Suntron
and I am proud of our accomplishments over the past several years. My
departure should not be viewed as a negative reflection on the company."
Vice president, controller and chief accounting officer James A. Doran has been named interim CFO.
MEUNG-ON-LOIRE, FRANCE -- Jabil Circuit, the top tier EMS company, has finished an capacity expansion to its production site here, according to news reports.
SINGAPORE -- Comparing India today to China of seven years ago, Sanmina-SCI Corp. will open its first plant in India within
the next 12 months, Reuters reported today. CT Chua, senior vice president of
South Asia Pacific Operations, said the EMS firm looks for 10% growth
in sales in the region, to about $700 million in its next fiscal year, Reuters reported.
VALLEY CITY, ND - Vansco Electronics, a maker of electronic controls for equipment manufacturers, will layoff 27 of the its 72 employees here, the company said.
The layoffs could
begin in January, a company official stated. The Winnipeg, Manitoba-based company
said most of its manufacturing at the Valley City plant will be
consolidated at other sites.
The plant was opened in 2001. In 2003, the company
was given about $635,000 in city and
state grants to keep it from leaving town, according to reports.
WINSTON-SALEM, NC -- Dell this month will open a 750,000 sq.-ft. manufacturing facility -- the computer maker's largest -- in the Alliance Science &
Technology Park in Winston-Salem.
The new facility will employ about 700
people in its first year of operation and will have 1,500 employees
within five years, Dell said in a statement today.