UTICA, NY — Endicott Interconnect Technologies' interim head told a bankruptcy court that the company has failed to turn a profit since 2008, and has continued to exist on the backs of loans and by cutting deals with vendors.
SIOUX FALLS, SD -- Raven Industries' net income and revenues fell in the second quarter as the company begins to transition toward more of its own end-products and away from an outsourcing model.
SAN JOSE, COSTA RICA – Zollner Elektronik will invest a reported $10 million to open a manufacturing plant here, according to local news reports. The German EMS company will greenfield a site, and will eventually employ some 200 workers within the next three years.
HAWTHORNE, CA -- OSI Systems reported fiscal fourth-quarter net income fell 26% year-over-year on restructuring and other one-time charges. Revenues at the contract electronics assembler and OEM fell 3% to $228 million.
MILPITAS, CA – SMTA and iNEMI said its two-day Medical Electronics Symposium will be held Nov. 12-13 here.
GARBSEN, GERMANY – LPKF reported year-over-year first-half revenue growth of 39% to EUR 70 million. The company’s EBIT doubled to about EUR 15 million compared to 2012.
