TOKYO – KYOSAN DENSO Manufacturing Kentucky, DENSO Corp.’s subsidiary in Mt. Sterling, KY, plans to expand its 80,700 sq. ft. facility by adding 84,500 sq. ft. The $27.1 million investment will also create approximately 150 new jobs by 2010 (the plant current employs 280).
Due to the expansion, capital was increased $16 million last month.
“With this expansion, we will be able to increase our production of automotive fuel pump modules and their components, including fuel filters and flanges,” said president Shunichiro Hiromasa. “We aim to increase sales to $160 million by fiscal year 2010, from $74 million in fiscal year 2005.”
Construction of the new facility is scheduled to begin in August and be completed by March 2007. Production should begin in June 2007.
KYOSAN DENSO assembles automotive fuel system components, fuel pump modules and on-board refueling vapor recovery valves for North American car manufacturers.
Due to the expansion, capital was increased $16 million last month.
“With this expansion, we will be able to increase our production of automotive fuel pump modules and their components, including fuel filters and flanges,” said president Shunichiro Hiromasa. “We aim to increase sales to $160 million by fiscal year 2010, from $74 million in fiscal year 2005.”
Construction of the new facility is scheduled to begin in August and be completed by March 2007. Production should begin in June 2007.
KYOSAN DENSO assembles automotive fuel system components, fuel pump modules and on-board refueling vapor recovery valves for North American car manufacturers.
Cary, NC -- Products manufactured and distributed through Metech will now be marketed under the LORD Corp. label. LORD, a supplier of electronic and microelectronic adhesives, coatings, encapsulants and sealants, purchased Metech in 2000.
Metech is known for its cermet and polymer thick film pastes for the hybrid microelectronic, PCB and component industries.
Greg Melso, prior VP of sales and marketing for Metech, will serve as the global business development manager for LORD’s Electronic Boards and Components Industry Group.
Metech is known for its cermet and polymer thick film pastes for the hybrid microelectronic, PCB and component industries.
Greg Melso, prior VP of sales and marketing for Metech, will serve as the global business development manager for LORD’s Electronic Boards and Components Industry Group.
RICHARDSON, TX -- TXP Corp., a provider of pre-manufacturing services announced results for the three and six months ended June 30, 2006. Revenue for the second quarter increased 34% to $1.9 million, up from $1.4 million in Q2 2005.
Operating income was $21,000, compared to a loss of $43,000 for the second quarter last year. Net loss was $4.1 million, or $0.04 per share, compared to net loss of $88,000 or $0.00 per share, for Q2 2005. Net loss included non-cash charges of $4.3 million related to a change in the fair value of derivative financial instruments, and $465,000 related to gain on early extinguishment of debt.
Michael C. Shores, president and chief executive, said in a press release, "I am extremely pleased to report that we achieved an operating profit for the second quarter of fiscal 2006 -- a major accomplishment, given the early stage of our business. Moreover, our customer base has grown to over 93 customers at the end of the second quarter, from 63 customers at the same time last year."
Operating income was $21,000, compared to a loss of $43,000 for the second quarter last year. Net loss was $4.1 million, or $0.04 per share, compared to net loss of $88,000 or $0.00 per share, for Q2 2005. Net loss included non-cash charges of $4.3 million related to a change in the fair value of derivative financial instruments, and $465,000 related to gain on early extinguishment of debt.
Michael C. Shores, president and chief executive, said in a press release, "I am extremely pleased to report that we achieved an operating profit for the second quarter of fiscal 2006 -- a major accomplishment, given the early stage of our business. Moreover, our customer base has grown to over 93 customers at the end of the second quarter, from 63 customers at the same time last year."
WEST HAVEN, CT – Enthone Inc., a business of Cookson Electronics, has introducing dedicated Simple Chinese and German language content throughout its Website (enthone.com). The content provides both product information, as well as data tailored to address technology needs, product applications and other requirements for customers in the Asia-Pacific region and Germany.
The user may access the new language Website areas by clicking on the "Select Language" drop down menu located in the upper left quadrant of every page.
The user may access the new language Website areas by clicking on the "Select Language" drop down menu located in the upper left quadrant of every page.
Huub van Dun, president of Enthone Inc., said: "There is no doubt that the substantial growth, acceptance and continued demand of Enthone products throughout the Asia-Pacific region has mandated the rebirth of the enthone.com site to better serve our customers. Concurrently, Germany continues to be Enthone's largest market throughout Europe where the development and acceptance of products for the automotive and plumbing industries have global impact."
Enthone is a supplier of specialty chemicals and coatings used in the electronics and surface finishing industries.
Enthone is a supplier of specialty chemicals and coatings used in the electronics and surface finishing industries.
ATLANTA, GA — UP Media Group Inc. and Circuits Assembly have partnered with Kitmondo.com, one of the world’s largest online marketplaces for used equipment.
The new online marketplace, powered by Kitmondo, is available at circuitsassembly.kitmondo.com/. The online marketplace provides subscribers with access to thousands of classified listings containing used PCB assembly equipment, used SMT equipment and used semiconductor equipment.
The global used equipment market (all categories) is estimated at $100 billion annually. Kitmondo.com has 5,100+ equipment listings in the PCB Assembly category and boasts advertisers in 58 countries.
"We have found that Kitmondo generates specific customer interest in our products and allows us to only pay when we make a sale, thus eliminating upfront costs of advertising,” said Alden Lewis of NEA Inc., who uses Kitmondo to sell PCB assembly equipment.
The new online marketplace, powered by Kitmondo, is available at circuitsassembly.kitmondo.com/. The online marketplace provides subscribers with access to thousands of classified listings containing used PCB assembly equipment, used SMT equipment and used semiconductor equipment.
The global used equipment market (all categories) is estimated at $100 billion annually. Kitmondo.com has 5,100+ equipment listings in the PCB Assembly category and boasts advertisers in 58 countries.
"We have found that Kitmondo generates specific customer interest in our products and allows us to only pay when we make a sale, thus eliminating upfront costs of advertising,” said Alden Lewis of NEA Inc., who uses Kitmondo to sell PCB assembly equipment.
N. Billerica, MA --Transition Automation has been awarded patent # 5,887,312 for its Universal Holder System.
The key benefit is a unique pin and open circular window that allows users to quickly change blades, and know that they are referenced properly in the holder.
The design is insensitive to contamination and residual solder paste, thereby improving the accuracy and clamping performance when users install new blades. Transition Automation includes this patented design on Universal Holders it sells for retrofitting SMT printers.
The key benefit is a unique pin and open circular window that allows users to quickly change blades, and know that they are referenced properly in the holder.
The design is insensitive to contamination and residual solder paste, thereby improving the accuracy and clamping performance when users install new blades. Transition Automation includes this patented design on Universal Holders it sells for retrofitting SMT printers.
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