News
BEIJING – EMS provider Elcoteq Beijing was recently awarded with the Beijing government’s Capital Civilized Enterprise Award and the 2006 Civilized Enterprise of Business Development Area Award.
The Capital Civilized Enterprise Award was awarded for developing a business that is positively integrated into the Beijing community and meets the standards the government is fostering in preparation for the 2008 Olympics.
The 2006 Civilized Enterprise of Business Development Area Award was presented by the succinctly named Committee of Business Development Area of Social Construction of Ideological Infrastructure for contributions to accelerating the development of the high-tech industrial park as an international technology center.
This was the second year in a row Elcoteq won the award.
EL PASO, TX – Powell-Mucha Consulting Inc. and SMTA present a third Webinar in a four-part series: Guide to Building a Competitive EMS Brand - EMS Account Acquisition Strategy.
This Webinar will take place Aug. 22 from 1:00 – 2:30 p.m. EST. It will cover profiling the OEM decision team; developing a robust lead qualification system; implementing a mindshare maintenance process to minimize wasted sales calls, and measuring marketing and sales effectiveness.
This Webinar will take place Aug. 22 from 1:00 – 2:30 p.m. EST. It will cover profiling the OEM decision team; developing a robust lead qualification system; implementing a mindshare maintenance process to minimize wasted sales calls, and measuring marketing and sales effectiveness.
Other questions addressed by this series include: How can EMS providers differentiate their services to customers, given that these services are essentially the same? How can you best market internal competencies such as RoHS conversion support, project launch, Lean manufacturing, product design or post-manufacturing support?
For information and registration visit
For information and registration visit
Cost is $75 for SMTA members and $150 for nonmembers.
WILLOW GROVE, PA – A potential low-cost cure for Microsoft’s recently publicized billion-dollar Xbox reliability headache is being recommended by an SMT assembly equipment manufacturer in conjunction with a German rework specialist.
SAN BRUNO, CA – Worldwide Manufacturing USA Inc. announced record second-quarter revenues of just over $4 million, an increase of approximately 43% year-over-year.
PLAINVIEW, NY – A slew of private investment groups have completed the acquisition of Aeroflex Inc., a maker of test equipment.
The Veritas Capital Fund III L.P., Golden Gate Private Equity and Goldman, Sachs will pay $14.50 per share for Aeroflex common stock, in a deal approved by Aeroflex’s shareholders July 26.
SIOUX FALLS, SD – EMS provider Raven Industries Inc. reported higher contributions from its flow controls division helped increase sales by 10% year-over-year, to $55.7 million, a record second-quarter, says the firm.
Net income expanded to $5.8 million, up 14% compared to the second quarter last year.
For the first half of the year, sales reached $113.8 million, a 5% improvement year-over-year. Net income was $14.4 million, an increase of 14%.
Electronic systems division sales were $16.7 million, up about 1% year-over-year, while operating income was $2.5 million, a decrease of 13%.
ESD sales for the first half were $31.1 million, down 2% year-over-year. Operating income, at $4.9 million, was essentially even with last year's first-half.
“The electronic systems division should again make a solid contribution to revenues, income and cash flow,” CEO Ronald Moquist said. “We expect all of these factors will combine to give Raven record performance in fiscal 2008.”
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