News
GLENVIEW,
IL – Illinois Tool Works reported third-quarter net income slipped 7.5%
even on an 11% jump in revenues, the latter spurred by acquisitions and
favorable currency translations. Base revenues fell 0.8% on lower volumes
partially offset by higher raw material price recovery.
WASHINGTON, DC – Big industry production fell lower in September than it had since late 1974, largely as a result of hurricanes Gustav and Ike.
The Federal Reserve reported production at US factories, mines and utilities plunged 2.8% last month, in addition to a 1% drop in August.
The Fed estimated hurricane-related disruptions accounted for about 2.25 points of the total drop. In addition, a strike affecting the commercial aircraft industry also was a factor, accounting for around 50 basis points.
Economists originally forecast a September decline of 0.8%.
BANNOCKBURN, IL – The Emerging/Critical Interconnection Technology program will receive $2 million in federal appropriations for 2009, up 60% year-over-year.
The E/CIT program was created in 2002 to strengthen the Department of Defense and the US PCB industry.
Operated by Naval Surface Warfare Center, Crane (IN) Division, E/CIT is designed to ensure the military has the latest technical capabilities, processes and equipment to support war-fighter requirements.
The program facilitates solutions to current military problems and evaluates leading-edge design and manufacturing technologies for future military and commercial requirements.
IPC is among the groups that has advocated for funds for the program.
The E/CIT program was created in 2002 to strengthen the Department of Defense and the US PCB industry.
Operated by Naval Surface Warfare Center, Crane (IN) Division, E/CIT is designed to ensure the military has the latest technical capabilities, processes and equipment to support war-fighter requirements.
The program facilitates solutions to current military problems and evaluates leading-edge design and manufacturing technologies for future military and commercial requirements.
IPC is among the groups that has advocated for funds for the program.
SMYRNA, GA – UP Media Group Inc. seeks abstracts for PCB Design Conference East 2009, to be held Apr. 27 - May 1 in Waltham, MA.
The event at Westin Waltham Boston includes a one-day exhibition on Apr. 29.
PCB East is a five-day conference focusing on PCB design, engineering and fabrication. The conference is comprised of a three-day technical conference and a professional development certificate program of one- and two-day courses.
Papers and presentations of the following durations are sought for the technical conference: one-hour lectures and presentations, two-hour workshops, and half-day seminars.
Papers and presentations of one-day and two-day tutorials are sought for a professional development certificate program.
Suggested topics include high-speed, high-frequency and signal integrity; component placement; EMI/EMC analysis; thermal analysis; Pb-free processes (especially how they affect design and fabrication); environmental legislation (REACH, RoHS, etc.) and its effects; RF and microwave design; packaging design; mixed-signal design; area arrays; FPGA design and implementation; embedded passives and active devices; flexible circuitry; HDI design and technologies; PCB design/layout basics; component library creation and management; design for manufacture, test and assembly; design (including analog, digital and power supplies); PCB fabrication; surface finishes; industry forecasts, and business and supply chain issues.
Submit abstracts by Nov. 14 at www.pcbeast.com/speakers/abstract.shtml, or email requested information to knargitoth@upmediagroup.com.
If selected, final papers and presentations will be due in March.
Printed Circuit Design & Fab and Circuits Assembly magazines are media partners for the event.
For more information, visit www.pcbeast.com.
SEOUL -- The suitors for Daewoo Electronics include a US private equity firm and a Russian manufacturer, the company's creditors said today.
Woori Bank and Korea Asset
Management, which own 97.5%of the South Korean consumer and white goods OEM, disclosed Ripplewood and Digilant Systems as finalists. The sale is expected to be completed by year-end.
ST. LOUIS – LaBarge Inc. has received an add-on contract for $7 million from Raytheon Missile Systems to continue to provide cables and electronics assemblies for the Tactical Tomahawk cruise missile.
The contract is in addition to the $9.2 million the firm announced last February.
Production at LaBarge’s Joplin, MO, and Huntsville, AK, facilities is expected to begin in November and continue through July 2010.
The contract is in addition to the $9.2 million the firm announced last February.
Production at LaBarge’s Joplin, MO, and Huntsville, AK, facilities is expected to begin in November and continue through July 2010.
