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SCHAUMBURG, IL -- Sparton reported fiscal second-quarter net income rose 36% to $1.9 million, boosted by higher demand in all its end-markets.

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ST. LOUIS -- Viasystems Group forecast December quarter sales of $269 million, up 10% year-over-year and down 4% sequentially on broad-based strength.

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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.

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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. 

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TEMPE, AZFinetech 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, NYPrecision 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.

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