ST. LOUIS – LaBarge Inc. received a $1.7 million contract from Northrop Grumman Corp. to continue to produce electronics assemblies for the AN/ALQ-135 radar jammer system.
LaBarge has worked on the program since 2005. The firm expects to receive follow-on orders.
Production on this latest contract is expected to begin this month and continue through December at LaBarge's Tulsa, OK facility.
LaBarge has worked on the program since 2005. The firm expects to receive follow-on orders.
Production on this latest contract is expected to begin this month and continue through December at LaBarge's Tulsa, OK facility.
DUSSELDORF, GERMANY – Henkel’s 2008 adhesive technologies sales rose 17.3% to 6.7 billion euros, boosted by the company’s acquisition of the National Starch businesses. The sector grew 1.3% organically.
MARLBOROUGH, MA – In January, EKRA shipped its 700th screen printer into the Americas, the company says.
EKRA America also announced a successful 2008, which matched 2007, its best year to date.
Headquartered in Marlborough, MA, EKRA America provides screen printing solutions for the SMT, hybrid and semiconductor packaging markets in the Americas.
EKRA America also announced a successful 2008, which matched 2007, its best year to date.
Headquartered in Marlborough, MA, EKRA America provides screen printing solutions for the SMT, hybrid and semiconductor packaging markets in the Americas.
HAMELN, GERMANY -- Orpro Vision today announced an agreement to acquire Orbotech’s assembly inspection business in a deal expected to close in April.
TORONTO -- Celestica became the latest EMS firm to announce a debt reduction plan, announcing last night plans to purchase up to $150 million worth of its 7.875% senior subordinated notes due in 2011. Under the modified Dutch tender offer, Celestica will purchase notes in a range $960 to $1,010 per every $1,000 in principal, with the offer expiring in a month.
Like many of its competitors, Celestica has large amounts of cash on hand and is using some to lower its debt and perhaps boost its earnings. At the end of December, the company had $1.2 billion in cash on its balance sheet, and was in a net cash position of $468 million.
"We believe Celestica is looking for a way to return value to shareholders through repurchasing its near-term debt," Deustche Bank analyst Sherri Scribner wrote in a research note. She estimates Celestica's buyback will reduce debt levels and lower its interest expense by roughly $10.5 million a year.
Like many of its competitors, Celestica has large amounts of cash on hand and is using some to lower its debt and perhaps boost its earnings. At the end of December, the company had $1.2 billion in cash on its balance sheet, and was in a net cash position of $468 million.
"We believe Celestica is looking for a way to return value to shareholders through repurchasing its near-term debt," Deustche Bank analyst Sherri Scribner wrote in a research note. She estimates Celestica's buyback will reduce debt levels and lower its interest expense by roughly $10.5 million a year.
SACRAMENTO, CA -- The state of California sent a stern message to semiconductor chip manufacturers yesterday by enacting mandatory rules controlling greenhouse gases.
Press Releases
- ECD Delivers on Mexico Manufacturing Dynamics; Showcases Time-saving Technology at SMTA Event
- MKS Instruments Releases 2024 Environmental, Social, Governance Report
- Promex Industries and QP Technologies Implement Sales/Marketing Reorganization
- SIA Applauds CHIPS Act Incentives for Amkor Facility in Arizona