PHUC DIEN INDUSTRIAL ZONE, VIETNAM -- A subsidiary of Brother Industries Ltd., the maker of printers and other communications devices, will invest $40 million in a new manufacturing plant in the Hai Duong Province of Vietnam.
Brother Industries Vietnam Ltd. will build printers, faxes and other multifunctional gear for export at the plant, which is due to come online in April 2007. The plant will employ 500 workers and produce about 30,000 units will be produced per month, Brother said.
Brother Industries Vietnam Ltd. will build printers, faxes and other multifunctional gear for export at the plant, which is due to come online in April 2007. The plant will employ 500 workers and produce about 30,000 units will be produced per month, Brother said.
ARLINGTON, VA -- Factory sales of consumer electronics will reach a new high of $135.4 billion in 2006, according to the Consumer Electronics Association. The trade group issued its forecast ahead of the annual International Consumer Electronics Show, the world's largest consumer technology trade show.
Glen Cove, NY – Photocircuits Corp. received the Milspec 31032 and 55110 Qualification from DSCC in Columbus, OH.
The company sees this qualification as an important step in its transformation to a significant producer of high reliability PCBs for communications, computer, industrial and now military markets.
“As our volume business continues to transition to our PC Asia factory in Kunshan, China, our New York operations will become predominately a proto, quick turn, high mix and military manufacturer of circuit boards,” said Rick McNamee, CEO.
“With the Milspec Qualification in place we expect to be able to ramp up our military business, both production and protos” said Alan Abbate, director of sales. “We have been involved in a number of military programs for over a year supporting several customers.”
Military products are expected to grow significantly over the next few years to represent a significant portion of the company’s domestic business. Photocircuits now has Milspec, Proto/Quick Turn and standard high mix production capabilities in the U.S. as well as PC Asia in China.
The company sees this qualification as an important step in its transformation to a significant producer of high reliability PCBs for communications, computer, industrial and now military markets.
“As our volume business continues to transition to our PC Asia factory in Kunshan, China, our New York operations will become predominately a proto, quick turn, high mix and military manufacturer of circuit boards,” said Rick McNamee, CEO.
“With the Milspec Qualification in place we expect to be able to ramp up our military business, both production and protos” said Alan Abbate, director of sales. “We have been involved in a number of military programs for over a year supporting several customers.”
Military products are expected to grow significantly over the next few years to represent a significant portion of the company’s domestic business. Photocircuits now has Milspec, Proto/Quick Turn and standard high mix production capabilities in the U.S. as well as PC Asia in China.
JERSEY CITY, NJ – Cookson Group PLC sold its conformal coating business unit to an investment bank for $55.5 million in cash.
Bunker Hill Capital purchased Specialty Coating Systems for an immediate cash payment of $54 million, with the balance due upon closing of the sale of the SCS China business in early 2006.
HONG KONG -- Foxconn International Holding, the world's sixth largest handset maker, said its 2006 sales should grow at least 30%, according to a news report today.
Analysts estimate that FIH, a subsidiary of Foxconn Electronics, had revenues of $5 billion to $6 billion in 2005, the report said.
MINNEAPOLIS -- EMS provider Nortech Systems has signed an agreement to purchase Telex Communications' 140,000-sq. ft. manufacturing facility in Blue Earth, MN, in a move to bolster its aerospace systems business.
The sale is scheduled to close on June 30; terms were not announced.
The sale is scheduled to close on June 30; terms were not announced.
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