BROOKLYN – Cemtrex reported fiscal second quarter Advanced Technologies segment revenue decreased 11% to $6.2 million year-over-year. The decrease is attributed to the impact of the Covid-19 crisis.
WINDSOR, UK – Note has taken steps to reopen its plant here, which has been closed since the end of March and accounts for 10% of the firm’s sales.
WAYZATA, MN – Nortech Systems reported first quarter net sales of $27.4 million, a decrease of 3% year-over-year.
BANNOCKBURN, IL – Electronics manufacturing directly supports more than 1.3 million US jobs, according to a new IPC report. For every US EMS job, three other jobs are supported in the US economy, contributing to a total of 5.3 million American jobs. Also, the industry indirectly and directly contributes $714 billion (3.7%) to US GDP.
WATERBURY, CT – Three suppliers in electronics assembly materials received notice the US Patent and Trademark Office has issued a patent for their solder alloy formulation. The patent was granted an extended expiration to June 11, 2029.
ATLANTA – Governments in several areas have started to ease quarantine orders, according to a recent ECIA survey. However, conflict between governments, citizens and businesses has resulted in some localized turbulence. A sense of urgency to reopen the economy continues to build, and additional funding has been approved after the initial round of funding to support businesses, especially small businesses, was exhausted quickly.
Press Releases
- Robert C. Donovan Joins DISTRON CORPORATION, Marking the Third Generation in Family Leadership
- Incap UK Invests in SMT Technology as Part of Long-Term Operational Development
- Evolve Manufacturing Celebrates 100 Years of Combined Leadership in Medical Device Manufacturing; Noreen King Comments
- STI Celebrates Christy Hill’s 20 Years of Dedicated Service; David Raby Comments