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BANGOR, ME -- The state of Maine has enacted legislation that permits continued use of the highly-effective flame retardant known as Deca in the utility, automobile and semiconductor industries, each of which is vital to the state’s economy.

Under the bill, the use of Deca in mattresses, mattress pads and textiles used in residential furniture would be prohibited beginning in 2008, and in the casings of televisions and computers beginning in 2010. Deca is not used in residential mattresses or furniture, and has never been used widely in computers, further limiting the practical impact of the prohibition.

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MUNICH -- A conference pairing the fashion and high-tech industries takes place next week in Munich.

The first Wearable Technologies Congress takes place July 8 to 10, in the International Congress Centre Munich at the New Munich Trade Fair Centre.

According to conference organizers, the event aims to make possible the transfer of relevant know-how, the exchange of experiences among the participants of the involved industries and the exposition of visions for the next WT-product generations. The event is focused on future-oriented and marketable products, as well as new sales potentials for manufacturers of WT-products with emphasis in added value. 

Attendees are expected to include experts in commerce, product development, production from the sports, fashion, electronics and consumer electronics sectors.

Among the topics presented:

  • High-tech meets low-tech – strategy for added-value-selling.
  • RFID – Chance and opportunities for the sport and textile industries.
  • New market perspectives through modern technology transfer.

WASHINGTON -- The Institute of Supply Management on Monday morning is expected to release data showing an improved June manufacturing index, and on Friday, the Labor Department is expected to report a stable unemployment rate.

The numbers, if accurate, suggest the economy is recovering after a first quarter dip.

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MILPITAS, CASolectron Corp. reported net income for the third quarter fell 71% to $42 million year-over-year.

The company’s sales were $2.99 billion for the quarter, an increase of 3% over the previous quarter, and an increase of 10% year-over-year.

On June 4, Flextronics announced it would acquire Solectron. The merger agreement has been filed with the SEC. The transaction is expected to close in the fourth quarter. In a conference call with analysts last night, Solectron did not provide guidance or details on the pending acquisition.
 
A rebound in sales to Cisco following its Lean initiative and share gains from Celestica drove the sequential increase, said analyst Carter Shoop of Deutsche Bank. Excluding Cisco, Solectron's sales were off 4% sequentially. Consumer electronics sales dropped 15% sequentially and 6% versus last year.
 
The operating margin was 1.3%, up 0.l points sequentially. Gross margins fell 0.2 points. Inventory days fell one day to 58 days.

VANCOUVERCreation Technologies, a top 50 EMS provider, plans to acquire Taytronics Inc. of St. Peter, MN. The acquisition will provide Creation with a second facility in the central U.S. and is expected to be finalized July 29. Other financial details were not disclosed.
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TOKYOMeiko Electronics Co., known for PWB fabrication, is building an assembly plant in Vietnam, according to published reports.
 
The company is investing $32.4 million in an 18,000 sq. meter facility in Ha Tay Province, Business in Asia Today reported. Meiko will break ground in August, and operations are scheduled to begin next June.

The assembly plant is situated next to a PWB plant scheduled to come online in 2007.
 
Meiko has 4,500 employees and generates nearly $400 million in sales from its six facilities in Japan and China.

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