SCHAUMBURG, IL -- Sparton reported fiscal second-quarter net income rose 36% to $1.9 million, boosted by higher demand in all its end-markets.
ST. LOUIS -- Viasystems Group forecast December quarter sales of $269 million, up 10% year-over-year and down 4% sequentially on broad-based strength.
HELSINKI -- Nokia will lay off 8% -- some 4,000 employees -- of its workforce in Finland, Hungary and Mexico as part of its now year-long cost-cutting measures.
MINNEAPOLIS, MN – The SMTA is soliciting applications from full-time graduate-level students pursuing a degree and working on thesis research in electronic assembly, electronics packaging, or a related field, for the $5000 Charles Hutchins Educational Grant.
TEMPE, AZ – Finetech plans to donate a die bonder in a drawing this summer open to qualified US and Canadian universities and colleges.
The multi-application Pico MA bonder with 5 µm placement accuracy is valued at $100,000. The platform is for advanced packaging and assembly applications, such as flip chip, optoelectronics, 3-D, wafer-level integration, micro-optics assembly, sensor packaging, and precise die bonding.
Finetech celebrates its 20th anniversary this year.
COHOES, NY – Precision Valve & Automation welcomed Senator Kirsten Gillibrand (D-NY) to its plant Monday.
PVA was chosen to host the senator’s visit as an example of increasing production 150% and doubling its workforce during the past two years.
The senator toured the facility with owner/president Tony Hynes, and then addressed a crowd that included leaders of Capital District Chambers of Commerce, Centers for Economic Growth, local elected officials, and local business leaders.
PVA supplies conformal coating systems and fluid dispensing solutions.