WOODRIDGE, IL – The Morey Corp. promoted Vincent Petrella to president. Petrella has served as CFO of the company for 10 years.

As president, Petrella will lead all day-to-day operations of manufacturing, engineering and corporate support functions.

The board of directors split the CEO and president roles, both of which were held by Scott Morey for the past 22 years. Employees have grown from 150 to 720 on 1500% revenue growth during that time. Morey will retain the CEO role.

Paul Callaghan will replace Petrella as CFO, coming to the firm from Motorola.

DONGGUAN, CHINA – Nordson Corp. today said it has opened a new demo center here for its Advanced Technology Systems operating segment.

The center will initially focus on products and solutions from Nordson Asymtek, Nordson Dage and Nordson YESTech.

The facility will provide greater access to equipment demonstrations, application engineering support, training, sales and service for customers in South China.

TOKYO -- Following the devastating earthquake, tsunami and electrical power crisis that severely impaired both the Japan and world semiconductor industry, many supply chain players now report that production has reached pre-earthquake levels with minimal risk to future shipments.

TAIPEI -- Foxconn will split itself into multiple companies as the contract manufacturing behemoth tries to boost its profitability and possibly shed underperforming business units.