ST. LOUIS – EMS provider LaBarge Inc. today said the company expects to report net sales of approximately $68 million for the fiscal 2009 first quarter, up nearly 13% year-over-year.
“Fiscal 2009 first-quarter results were up significantly from the previous first quarter on higher shipments to customers in several market sectors and improved gross margin,” said Craig LaBarge, CEO and president.
The firm plans to announce full financial results on Oct. 30.
SAN FRANCISCO – A Webinar on on how article manufacturers can comply with REACH requirements is coming Oct. 29. While the majority of products, known as articles under REACH, will be exempt from registration, all articles imported into or manufactured and sold in the EU will be subject to disclosure requirements for certain substances that could be used in articles, says Design Chain Associates. These disclosure requirements are expected to begin this week or next.
Manufacturers producing for consumer markets should be especially concerned about these requirements since REACH permits any consumer to request information about certain substances in articles from any manufacturer, says the firm. The manufacturer is obligated to reply within 45 days.
DCA's 90-minute Webinar will address REACH concepts and timelines; what an article is; legal requirements for articles; candidate list for substances of very high concern, and related issues; what to do now to comply with REACH; ongoing issues and strategies to ensure continued compliance with REACH; strategies to prepare more broadly for environmental compliance and competition.
MILTON, NY -- Sono-Tek's August quartersales rose 13% year-over-year to $1.61 million but the company swung to a net loss of $177,000.
For the period ended Aug. 31, the Company reversed its previous year's profits of $12,000, citing increased spending on technical and market developments for a new business development
program.
Chairman and CEO Dr. Christopher L.
Coccio attributed the increase to the new business
development program, and noted that the sales increase was based on products
such as the Exactacoat and Flexicoat, which serve the new solar and fuel cell
markets, WideTrack systems for new glass customers and our first textile
finishing system, and the new line of SonoDry ultrasonic spray dryers for the
pharmaceutical and nanotechnology industries.
SAN JOSE -- North American manufacturers of semiconductor equipment booked $754 million in orders in
September 2008 on a three-month average basis, down 13% from revised August figures and off 39% year-over-year.
The book-to-bill ratio was 0.76, meaning $76 worth of orders were received for every $100
of product billed for the month, SEMI said.
NASHVILLE -- Sean McShefferty, a veteran of more than 20 years in electronics manufacturing and North American electronics sales manager at Kyzen, died Oct. 12 following a long battle with cancer.
In a statement, Kyzen vice president Tom Forsythe said, “It is with deep sorrow that we received word of Sean McShefferty’s passing. Sean has battled stomach cancer for nearly two years and until quite recently had remarkably maintained a near-normal schedule, not only managing to continue with his duties at Kyzen but also being active at his church, in outreach programs for cancer awareness, as well as supporting other cancer patients and survivors.