NEWARK, NY -- The state of New York has pledged $5 million in aid to IEC Electronics, which will in turn create over 360 local jobs over the next five years at its new plant here.
MINNEAPOLIS -- Nortech Systems today reported net sales of $26.4 million for the first quarter ended Mar. 31, up sequentially but down year-over-year.
WOKING, ENGLAND -- TT Electronics will invest £3 million ($4.1 million) to create a center of excellence at its Bedlington facility in Northeast England.
TEMPE, AZ -- Amtech Systems reported March quarter net revenues of $32.8 million, basically flat with a year ago but down from $73.6 million in the December quarter.
TAIPEI -- Foxconn reported sales increased 6.6% year-over-year to NT$344 billion ($11.55 billion) in April.
MINNEAPOLIS -- Logic PD says it will be business as usual following the EMS company's acquisition by a St. Louis-based private equity firm.
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