ST. LOUIS -- LaBarge Inc. has won a contract to produce assemblies for Lockheed Martin's naval surface
weapon system. No financial details were disclosed.
Production is expected to begin in July 2007 and continue through April 2008.
ELK GROVE VILLAGE, IL -- SigmaTron International reported revenues rose 29% to $44.9 million in the October quarter over the prior year. Net
income dropped 42% to $708,011.
ST. PETERSBURG, FL -- Jabil Circuit today said it was not able to file its
annual report on Form 10-K for its 2006 fiscal year by the Nov. 29 Securities and Exchange Commission deadline. Jabil cited ongoing shareholder and class action lawsuits related to previous stock options grants, which has led the company to restate its financials for at least 2005 and perhaps other periods as well.
CHIBA, JAPAN – The
top semiconductor equipment manufacturers last week predicted the market
would grow 3,7% in 2007, followed by 13% in 2008, ultimately hitting $50.42 billion by 2009, the SEMI
trade group said.
Survey respondents project 2006 sales will reach $40.64 billion, a 24% gain year-over-year.
The forecast is based on interviews conducted between late October and November with companies representing a majority of the total sales volume for the global semiconductor equipment industry.
DERBY, KS - Q Corp. has opened a new facility in Derby, KS. The company is celebrating its 35th anniversary this year. Q Corp. designs and manufactures tape-and-reel and lead trimming equipment. It has customers in more than 20 countries.
SUZHOU, CHINA – Phihong Technology has opened a $30 million, one million sq. ft. production plant in Suzhou. The facility, sited five miles from Phihong’s existing plant, will house up to 50 production lines, employ more than 9,000 workers, and will reportedly manufacture up to 50 million power supplies per month. The facility will manufacture power supplies, adapters and other electronics equipment.
