GLENVIEW, IL -- Illinois Tool Works' second-quarter profit rose 128% from a year ago to $420.8 million on a 20% jump in revenue to $4.08 billion.

SAN JOSE – North America-based manufacturers of semiconductor equipment posted a 90-day moving average of $1.68 billion in orders in June, up 10.5% sequentially.

FREMONT, CA -- Synnex has signed a definitive sale agreement to sell inventory and customers related to its contract assembly business to MiTAC International.

SAN JOSE -- The world market for selective soldering equipment is projected to exceed $43.8 million by 2015, according to a new study by Global Industry Analysts.