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WEST BERLIN, NJ – Dynasil Corp. of America has acquired Radiation Monitoring Devices Inc. and specific assets of RMD Instruments LLC for $20 million in cash and stock.

Under terms of the deal, Dynasil will pay $12.5 million in cash and 4.6 million shares of common stock for RMD.


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OXFORD, CT — Mirtec Co. Ltd. today said North American revenue was up more than 81% year-over-year for the first six months of fiscal 2008. The privately held company did not disclose revenue figures.

In a statement, president Brian D’Amico cited the firm's two new AOI platforms, the MV-7L and MV-3L.

“Mirtec's success is based on a commitment to bring to the market new and innovative products with a special emphasis on quality, accuracy, ease of operation and reliability,” D’Amico said.
ST. PETERSBURG, FL – St. Petersburg officials have approved almost $35 million worth of tax incentives to keep Jabil Circuit headquartered here, a local paper reported today.

Under terms of the deal, the state of Florida would pay $20 million, the city $12.7 million and Pinellas county $1.7 million in a combination of grants, tax refunds and infrastructure upgrades, the St. Petersburg Times reported.

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HUNTINGDON VALLEY, PAAPS Novastar LLC named Tim Kardish chief executive officer. He will oversee all areas of operation for the company, which provides equipment for reflow, curing and through-hole assembly.
 
Kardish has more than 25 years’ experience in sales, marketing, and operations. Most recently he was president of Labsphere Inc., a $13 million photonics industry global manufacturer and distributor of instrumentation, software, services, engineered materials and standards.
 
He previously held the position of VP of sales and marketing for Moore Medical and served as director of sales and marketing for X-Rite.
 

VANCOUVER -- EMS firm Silicon Forest Electronics has added 20,000 sq. ft. of manufacturing space and reconfigured two manufacturing lines to increase speed and flexibility for quickturn, low-volume production.


The company also added high-speed equipment, more than doubling its overall machine capacity to over 7 million placements per month across a total of four lines. Additional capacity improvements are planned for late 2008, which will add another 2 to 4 million placements per month.

The company, which also has capacity in Zhuhai, China, and a partnering arrangement with ACW, provides “one-stop” contract manufacturing.

LOS ALTOS, CA – China’s electronic equipment production market is finally slowing down, and taking the rest of the world with it.

Citing the recent economic environment and spate of earthquakes, research firm Henderson Ventures said China’s short-term equipment production output will drop eight points to 13.5% this year, before rebounding slightly in 2009 and 2010.  Read more ...
COOPERSVILLE, MI – Saturn Electronics & Engineering has been awarded a $500,000 federal grant to help fund new machinery and equipment at its plant here.
 
The company, which makes automotive electronics and components, will use the grant toward planned capital investments of some $11 million. Saturn will hire 26 additional workers as well.
 
The grant is being made available by the Michigan Economic Development Corp.

SINGAPORE – Singapore's electronics industry rose in June, reversing a one-month fall into recession. The sector rose 2.3 points to 51.7, according to purchasing executives in more than 150 industrial companies.
 
May was the first time in nearly two years the electronics sector failed to grow.

The national purchasing managers' index rose 1.6 points sequentially to 50.6 in June, on new orders and higher levels of production output. A reading above 50.0 is a sign of an expanding market.
 
Electronics makes up one-third of Singapore's manufacturing output.

BANNOCKBURN, IL – North American PCB shipments rose 5.1% year-over-year in May, but orders fell 4.2%.

Through May, shipments are up 6.2%, while bookings are 7.5% higher. Compared to April, shipments were down 0.7% and bookings were down 5.2%. The book-to-bill ratio fell to 0.96.

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COPENHAGEN -- Lego Group is taking its toys and going home. Europe's largest toy maker will end its outsourcing deal with Flextronics next year and bring manufacturing back in-house, the company said today.

"During the past year it has become increasingly obvious to the two parties that it would be more optimal for the Lego Group to manage its global manufacturing set up," Lego said in a statement.
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SAN DIEGOPulse, an electronics component and subassembly designer and manufacturer, announced its Sonion Division will operate under the Pulse name, effective today. Sonion will undergo a name and legal entity change over the coming months.
 
The Technitrol Co. subsidiary’s activities related to hearing instrument components, pro-audio and medical device components will continue as a new group called MedTech. The mobile terminal components and MEMS microphone activities will become part of Pulse’s existing Wireless group.
 
Technitrol acquired Sonion on Feb. 28 and became part of the firm’s Electronic Components Segment. 
 
Sonion is based in Roskilde, Denmark and has facilities in Poland, China, Vietnam, the US, and the Netherlands. 
 
 
SHANGHAIHenkel and Shanghai University, along with other research universities, have entered into an agreement to form a Shanghai Region Joint Electronics Research and Failure Analysis Center.
 
“One-third of Henkel’s Shanghai-based 150-person research and engineering team is dedicated solely to technology development activities, and over 3% of our research and development expenditure is earmarked for cooperative efforts with universities and technology institutions,” said Dr. Horst Eierdanz, corporate vice president, Henkel R&D Engineering Adhesives.
 
The roadmap of the three-year project includes study of the interfacial bonding mechanisms between metals and organic polymers; new latent curing systems for advanced electronics polymer applications; fundamental studies of the rheological behavior of microelectronic assembly materials; nanocomposite microelectronic packaging materials, and advanced microelectronic thermal solutions.
 
The duration of the project is scheduled through March 31, 2011. 
 
The official signing ceremony took place June 10 at Henkel Asia-Pacific and China Headquarters in Shanghai.  

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