LOGAN, UT – EMS firm Inovar Inc. will break ground on an expansion that will triple its square footage.
With the expansion, Inovar’s Logan facility will reach 60,000 sq. ft.
The company plans to enhance its capabilities in new product introduction and prototyping, test services, DfM and final assembly. Currently, the company produces about 200 different products monthly.
A groundbreaking ceremony will take place on June 28 at 11:30 a.m.; customers and the public are invited.
With the expansion, Inovar’s Logan facility will reach 60,000 sq. ft.
The company plans to enhance its capabilities in new product introduction and prototyping, test services, DfM and final assembly. Currently, the company produces about 200 different products monthly.
A groundbreaking ceremony will take place on June 28 at 11:30 a.m.; customers and the public are invited.
ST. PETERSBURG, FL -- Jabil Circuit on Thursday night reported a 90% drop in net profits despite a 15% gain in quarterly revenue. In its third quarter ended May 31, the EMS firm reported net income of $6.2 million, down from $64.2 million last year, on sales of $3 billion.
SAN JOSE, CA – North American manufacturers of semiconductor equipment posted $1.67 billion in orders in May (three-month average) and a book-to-bill ratio of 1.0, according to SEMI.
SAN JOSE, CA – Sanmina-SCI will build its first manufacturing technology campus in India, a 100-acre site in Oragadam inside a special economic zone.
EL SEGUNDO, CA – iSuppli Corp. predicts global PC shipments will rise to 264 million units in 2007, up 11.2% from 239 million in 2006.
iSuppli upgraded its forecast following stronger-than-anticipated first-quarter shipments of notebook computers. The previous forecast envisioned 10.7% growth for the year.
iSuppli upgraded its forecast following stronger-than-anticipated first-quarter shipments of notebook computers. The previous forecast envisioned 10.7% growth for the year.
SPRINGFIELD GARDEN, NY – Shipping cycles in the Asia-Pacific are following traditional cycles, a major logistics provider said last week.
Trans Global Logistics reports demand is following predictable patterns, with the May-June period typically the low point for air-freight.
Demand for oil coupled with severe weather conditions is influencing shipping decisions, Trans Global said. Growing global demand for oil continues to put upward pressure on fuel surcharges, while powerful monsoons have hammered southeastern Bangladesh, causing operations at the Chittagong port yard to be temporarily suspended. Cargo receiving and loading has resumed in off-dock areas, but there have been many vessel delays, the company says.
Inflation worries are also influencing shipping decisions. The rupee has appreciated approximately 12% against the U.S. dollar, causing an increase in surcharges for x-ray and other inspections. Rising inflation in China and a strengthening yuan are putting pressure on shippers to maximize ocean transportation use. The impact of shifting manufacturing capacity from Japan and Korea to China has dampened demand for airlift in these traditional markets, says Trans Global.
Trans Global Logistics reports demand is following predictable patterns, with the May-June period typically the low point for air-freight.
Demand for oil coupled with severe weather conditions is influencing shipping decisions, Trans Global said. Growing global demand for oil continues to put upward pressure on fuel surcharges, while powerful monsoons have hammered southeastern Bangladesh, causing operations at the Chittagong port yard to be temporarily suspended. Cargo receiving and loading has resumed in off-dock areas, but there have been many vessel delays, the company says.
Inflation worries are also influencing shipping decisions. The rupee has appreciated approximately 12% against the U.S. dollar, causing an increase in surcharges for x-ray and other inspections. Rising inflation in China and a strengthening yuan are putting pressure on shippers to maximize ocean transportation use. The impact of shifting manufacturing capacity from Japan and Korea to China has dampened demand for airlift in these traditional markets, says Trans Global.
