The Suzhou facility is latest of the the company’s operations in the U.S., Europea, and Asia-Pacific to attain ISO-9001:2000 certification.
A Halogen-Free Call for Participation Meeting will take place on Feb. 8 at Disney’s Paradise Pier Hotel. This is an organizational meeting for iNEMI’s new halogen-free effort. The initiative hopes to promote standards development by establishing materials, manufacturing, assembly and test guidelines for halogen-free PWBs based on market segment requirements and technical, commercial and functional viability.
Other meetings on Feb. 8 will cover Lead-Free and RoHS; tin whiskers; and roadmapping interconnect technology. Session of Feb. 9 include: copper vs. optoelectronics in PCBs; the medical standards initiative; industry adoption of IPC 2581; and the Pb-Free DPMO project.
abil loaned $25 million to Celetronix in fiscal 2005 in exchange for an option to purchase 100% of the shares of the company. The incremental purchase price for the acquisition is expected to be approximately $155 million plus the assumption of approximately $30 million of net debt, putting the total cost at $205 million.
WALLINGFORD, CT – Amphenol Corp. reported fourth-quarter 2005 net income of about $200 million while sales rose 26% to $508.1 million.
For the year ended Dec. 31, the company reported sales of $1.81 billion, up
18.3% over a year ago and a new company high.
Fourth quarter results include sales by the former Teradyne Connection Systems of $35 million in December.
Interconnect products – 89% of the company’s overall sales – was up 27% “with excellent profitability,” said Amphenol chairman and CEO Martin H. Loeffler.
The company said growth was broad-based and included all major geographic regions. Growth was especially strong in the mobile device market. Cable products was up 14% over the prior year.
Operating income margin in the quarter was 18.5%, down from 18.8% last year. Excluding the impact of TCS, which in December had operating income margins of 7.5%, the fourth quarter margin was 19.3%. Cash flow from operations was $75 million.
The company guided for 2006 revenues of $2.25 billion to $2.3 billion. For the first quarter it forecast revenues of $535 million to $545 million. The TCS acquisition is expected to be accretive for 2006, but slightly dilutive in the first half.
Within the new facility, which spans eight floors, one floor is slated for prototype and preproduction runs.
Over the past year Valor has built up its presence in Central and South America, adding local engineering resources. According to the company, local markets show significant signs of revival, proving to be effective competitors to offshore markets.
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