LAS VEGAS -- Panasonic president Kazuhiro Tsuga yesterday said additional layoffs may be in store for the money-losing electronics giant. Some non-core business units could be sold to raise cash, he added in remarks at the Consumer Electronics Show here.
CAMDENTON, MO – Speedline Technologies - Electrovert says that all wave soldering machines sold after Nov. 1, 2012 will now carry a lifetime warranty on the solder pot casting.
NEENAH, WI -- Plexus last night preannounced its fiscal first-quarter results, saying sales would be about $531 million, well below prior guidance of $550 million to $580 million. The company said it was seeing broad-based decline in its December quarter demand, in particular in its networking/communications segment.
MINNEAPOLIS -- EMS firm Nortech Systems has completed its acquisition of a 58,000- sq. ft. manufacturing facility in Mankato, MN, from Winland Electronics.
SAN JOSE -- OnCore Manufacturing has promoted Sajjad Malik to president and CEO, replacing Dan Perez, who is retiring.
