WEST BERLIN, NJ – Dynasil Corp. of America has acquired Radiation
Monitoring Devices Inc. and specific assets of RMD Instruments LLC for $20
million in cash and stock.
Under terms of the deal, Dynasil will pay $12.5 million in cash and 4.6 million shares of common stock for RMD.
OXFORD, CT — Mirtec Co. Ltd. today said North American revenue was up more than 81% year-over-year for the first six months of fiscal 2008.
The privately held company did not disclose revenue figures.
In a statement, president Brian D’Amico cited the firm's two new AOI platforms, the MV-7L and MV-3L.
“Mirtec's success is based on a commitment to bring to the market new and innovative products with a special emphasis on quality, accuracy, ease of operation and reliability,” D’Amico said.
In a statement, president Brian D’Amico cited the firm's two new AOI platforms, the MV-7L and MV-3L.
“Mirtec's success is based on a commitment to bring to the market new and innovative products with a special emphasis on quality, accuracy, ease of operation and reliability,” D’Amico said.
ST. PETERSBURG, FL – St. Petersburg officials have approved almost $35 million worth of tax incentives to keep Jabil Circuit headquartered here, a local paper reported today.
Under terms of the deal, the state of Florida would pay $20 million, the city $12.7 million and Pinellas county $1.7 million in a combination of grants, tax refunds and infrastructure upgrades, the St. Petersburg Times reported.
HUNTINGDON VALLEY, PA – APS Novastar LLC named Tim Kardish chief executive officer. He will oversee all areas of operation for the company, which provides equipment for reflow, curing and through-hole assembly.
Kardish has more than 25 years’ experience in sales, marketing, and operations. Most recently he was president of Labsphere Inc., a $13 million photonics industry global manufacturer and distributor of instrumentation, software, services, engineered materials and standards.
He previously held the position of VP of sales and marketing for Moore Medical and served as director of sales and marketing for X-Rite.
Kardish has more than 25 years’ experience in sales, marketing, and operations. Most recently he was president of Labsphere Inc., a $13 million photonics industry global manufacturer and distributor of instrumentation, software, services, engineered materials and standards.
He previously held the position of VP of sales and marketing for Moore Medical and served as director of sales and marketing for X-Rite.
VANCOUVER -- EMS firm Silicon Forest
Electronics has added 20,000 sq. ft. of manufacturing space and
reconfigured two manufacturing lines to increase speed and flexibility for
quickturn, low-volume production.
The company also added high-speed equipment, more than doubling its overall machine capacity to over 7 million placements per month across a total of four lines. Additional capacity improvements are planned for late 2008, which will add another 2 to
4 million placements per month.
The company, which also has capacity in Zhuhai, China, and a partnering arrangement with ACW, provides “one-stop” contract manufacturing.
LOS ALTOS, CA – China’s electronic equipment production market is finally slowing down, and taking the rest of the world with it.
Citing the recent economic environment and spate of earthquakes, research firm Henderson Ventures said China’s short-term equipment production output will drop eight points to 13.5% this year, before rebounding slightly in 2009 and 2010.
Citing the recent economic environment and spate of earthquakes, research firm Henderson Ventures said China’s short-term equipment production output will drop eight points to 13.5% this year, before rebounding slightly in 2009 and 2010.
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