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OXFORDSHIRE, ENGLAND – Improving efficiency to win new onshore business is the focus of the Smart Group's annual European Conference and Exhibition.

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MUNICH -- Matrix Technologies has acquired fellow inspection equipment OEM FocalSpot for an undisclosed amount, the companies announced today.

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MINNEAPOLIS -- HEI Inc. swung to a first-quarter profit on a big jump in sales, in particular for military communications equipment.

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LOS ANGELES -- A Los Angeles-based private equity firm has acquired Smart Electronics & Assembly for an undisclosed amount.

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CHICAGO -- The number of EMS industry transactions fell year-over-year during the first quarter, says an investment bank that tracks the industry.

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LOS ANGELESDucommun today reported first-quarter net sales ended Mar. 30 of $175.9 million, down 4.6% year-over-year.

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