HONG KONG -- In a stock filing, ASM Pacific Technologies indicated it would pay $170 million, less working capital, for its previously announced acquisition of DEK. The agreement also calls for a contingency payment of up to $3 million based on certain closing conditions.
PALM BAY, FL -- In the hopes of obtaining potentially hundreds of thousands of dollars in local and state tax breaks, MC Assembly is using the best leverage it has: its workers. The EMS company reportedly will move hundreds of jobs to Mexico and potentially shutter its flagship plant in Florida without the tax breaks, the company told local officials, reported FloridaToday.com.
ALTOONA, PA – Alpha’s electronic solder recycling site here has received certification as a conflict-free minerals smelter by the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative Conflict-Free Smelter Audit Review Committee.
KAUNAS, LITHUANIA -- Kitron has terminated plans to establish a distribution center here because the project has proved to be costlier and more complex than originally assumed. The EMS company will take a NOK 9 million charge in the fourth quarter to cover incurred costs and incurred liabilities.
SCHAUMBURG, IL -- A Sparton subsidiary has entered into a definitive purchase agreement to acquire fellow EMS Beckwood Services for an undisclosed amount.
Press Releases
- Pushed by glass core and high-end ICs substrates for AI, the advanced IC substrate market reaches $31 billion by 2030
- Pushed by glass core and high-end ICs substrates for AI, the advanced IC substrate market reaches $31 billion by 2030
- Ryder Vietnam - Phase 2: Building resilience and meeting demand
- Scanfil and Etteplan deepen their strategic partnership into production testing