DEARBORN, MI — Panel discussions on issues fundamental to the future of aerospace and defense manufacturing are previewed in new podcasts posted in advance of AeroDef Manufacturing Summit and Exposition, which takes place Feb. 25–27 at the Long Beach (CA) Convention Center.
LONGVIEW, TX -- Flextronics will close its facility here by the end of March and lay off up to 80 workers, the company indicated this week. Programs at the site will be consolidated at other locations in the state. Some workers will be allowed to transfer, the firm said.
TORONTO – Celestica reported fourth-quarter revenue of $1.437 billion, in line with guidance, down 4% year-over-year.
CHANDLER, AZ – Koh Young America has launched its newly renovated demo lab here, providing hands-on training and demonstrations on solder paste inspection and automated optical inspection systems.
BILLERICA, MA — MRSI Systems, a developer and manufacturer of turnkey chip placement and dispensing systems, announced today it has completed a leveraged buyout of assets from parent company Newport Corp. MRSI paid $6 million in the deal, with funding provided by a private investment group comprised of senior leadership, plus Massachusetts Growth Capital and Boston Private Bank & Trust.
MOUNTAIN VIEW, CA – Lenovo will acquire the Motorola Mobility smartphone business from Google for nearly $3 billion, the PC giant announced today. The agreement will significantly strengthen Lenovo’s position in the smartphone market, while enhancing its market presence in North America and Latin America.
