BREDA, HOLLAND – Cobar Europe BV, member of the Balver Zinn Group and supplier of solder pastes, fluxes, and other electronics soldering materials, has acquired a global license to distribute solder pastes and wire using the SN100C alloy developed by Nihon Superior Co. Ltd.
The license permits Cobar Europe and Cobar Solder Products to sell SN100C solder paste and wire in specific territories allocated by Nihon Superior.
No financial terms were disclosed.
SN100C is a patented nickel stabilized tin/copper alloy that is based on the eutectic 99.3% tin 0.7% copper with a trace amount of nickel.
ANGLETON, TX – Contract manufacturer Benchmark Electronics Inc. reported first-quarter net income of $22.6 million, down about 8% year-over-year.
NEENAH, WI – EMS provider Plexus Corp. reported second-quarter revenue of $451 million, up 20% year-over-year.
SAN JOSE, CA – EMS provider Sanmina-Sci Corp. reported its second-quarter loss narrowed to $24.4 million, from $26.1 million in the same period last year.
Adjusted net income was $28.2 million.
Revenue was $1.82 billion, up a slight 1.6% year-over-year, the company said.
PHOENIX – Electronics distributor Avnet Inc. reported revenue for the fiscal third quarter was $4.42 billion, up 13.3% compared to the same period last year.
Net income was $107.2 million, up 1.9% year-over-year.
LOUISVILLE, KY – Manufacturer and outsourcing specialist Sypris Solutions Inc. reported revenue of $106.3 million for the first quarter, down about 4.6% year-over-year.
The company reported net income of $400,000, compared to a net loss of $200,000 in the prior year period.
“Revenue was at the high end of our expectations due to stronger than anticipated sales from our industrial group. Top line performance for our electronics group bettered last year’s quarter by 13% on improved revenue from our products and manufacturing services,” said Jeffrey T. Gill, president and CEO of Sypris.
“Orders for our electronics group increased 7% compared to the prior year period, driven by a 13% year-over-year increase in bookings in our aerospace and defense segment.”
Revenue for the company’s electronics group was $36.4 million.
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