MERIDIAN, ID -- Computrol Inc. has purchased fellow EMS provider Wolf Electronix for an undisclosed amount. The combined company will have 350 workers across its three factories.
WASHINGTON -- Industry business leaders are calling on Congress to renew the depreciation laws tied to the Economic Stimulus Act of 2008, which allowed companies to reduce the time it take to recoup outlays for capital equipment.
"A strong manufacturing sector is critical to a rapid economic recovery," wrote Matthew Holzmann, president of Christopher Associates, in one letter. "It would seem from the headlines that only certain industries would benefit from many of the proposals in Congress at present. Reinstatement of accelerated depreciation, especially as written in H.R. 5150, will help all industries and is a real, tangible tool for keeping America strong."
RONKONKOMA, NY – CVD Equipment Corp. said 2008 order levels reached $29 million, more than double the order levels of 2007. The company’s divisions include Conceptronic, a maker of reflow ovens.
Approximately half the orders in 2008 were solar and energy market-related, with most incorporating CVD thin film solutions, says the firm.
Last year’s order levels for the CVD/FN and SDC divisions increased 146% and 58%, respectively, while the Conceptronic division decreased 3% year-over-year.
The company anticipates the growth trend of the CVD/FN and SDC divisions to continue. The Conceptronic division was impacted by the downturn in the electronics industry over the last two quarters. CVD expects this trend to continue at least through the first two quarters in 2009.