EL PASO, TX – Powell-Mucha Consulting Inc. and SMTA present a third Webinar in a four-part series: Guide to Building a Competitive EMS Brand - EMS Account Acquisition Strategy.
This Webinar will take place Aug. 22 from 1:00 – 2:30 p.m. EST. It will cover profiling the OEM decision team; developing a robust lead qualification system; implementing a mindshare maintenance process to minimize wasted sales calls, and measuring marketing and sales effectiveness.
This Webinar will take place Aug. 22 from 1:00 – 2:30 p.m. EST. It will cover profiling the OEM decision team; developing a robust lead qualification system; implementing a mindshare maintenance process to minimize wasted sales calls, and measuring marketing and sales effectiveness.
Other questions addressed by this series include: How can EMS providers differentiate their services to customers, given that these services are essentially the same? How can you best market internal competencies such as RoHS conversion support, project launch, Lean manufacturing, product design or post-manufacturing support?
For information and registration visit
For information and registration visit
Cost is $75 for SMTA members and $150 for nonmembers.
WILLOW GROVE, PA – A potential low-cost cure for Microsoft’s recently publicized billion-dollar Xbox reliability headache is being recommended by an SMT assembly equipment manufacturer in conjunction with a German rework specialist.
SAN BRUNO, CA – Worldwide Manufacturing USA Inc. announced record second-quarter revenues of just over $4 million, an increase of approximately 43% year-over-year.
PLAINVIEW, NY – A slew of private investment groups have completed the acquisition of Aeroflex Inc., a maker of test equipment.
The Veritas Capital Fund III L.P., Golden Gate Private Equity and Goldman, Sachs will pay $14.50 per share for Aeroflex common stock, in a deal approved by Aeroflex’s shareholders July 26.
SIOUX FALLS, SD – EMS provider Raven Industries Inc. reported higher contributions from its flow controls division helped increase sales by 10% year-over-year, to $55.7 million, a record second-quarter, says the firm.
Net income expanded to $5.8 million, up 14% compared to the second quarter last year.
For the first half of the year, sales reached $113.8 million, a 5% improvement year-over-year. Net income was $14.4 million, an increase of 14%.
Electronic systems division sales were $16.7 million, up about 1% year-over-year, while operating income was $2.5 million, a decrease of 13%.
ESD sales for the first half were $31.1 million, down 2% year-over-year. Operating income, at $4.9 million, was essentially even with last year's first-half.
“The electronic systems division should again make a solid contribution to revenues, income and cash flow,” CEO Ronald Moquist said. “We expect all of these factors will combine to give Raven record performance in fiscal 2008.”
PHOENIX – EMS provider Suntron Corp. reported net income of $300,000 and net sales of $64.2 million for the second quarter.
Gross profit was $5.9 million, down about 5% year-over-year.
"During the second quarter, we achieved net income driven by the results of our rightsizing activities and improved operating efficiencies, and our continued focus on working capital management also played a key role in strengthening our balance sheet," stated Paul Singh, Suntron's president and chief executive.
Gross profit was $5.9 million, down about 5% year-over-year.
Suntron's restructuring activities completed in the first quarter enabled the company to return to profitability, the company said.
A year ago, Suntron reported a net loss of $1.3 million on net sales of $85.1 million.
Gross margin rose to 9.2%, up 1.9 points over last year and 3.9 points sequentially, driven by improved operating efficiencies and lower fixed costs.
"During the second quarter, we achieved net income driven by the results of our rightsizing activities and improved operating efficiencies, and our continued focus on working capital management also played a key role in strengthening our balance sheet," stated Paul Singh, Suntron's president and chief executive.
