VANCOUVER -- Pacific Insight Electronics reported fiscal third quarter revenues of C$35 million, up 53% from a year earlier.

FRIEDBERG, GERMANY -- Fuji Machine Manufacturing has taken a 34% stake in Tower-Factory GmbH, a manufacturer of component storage equipment.

An announcement regarding the investment indicated Tower's storage equipment is already integrated into Fuji’s material handling lines. The deal is intended to prepare the companies for future manufacturing solutions such as Industry 4.0 and IIC.

Financial terms were not disclosed.

TEMPE, AZ -- Amtech, the parent company of reflow equipment maker BTU, reported net revenues of $22.5 million in the March quarter, down 7.4% from a year ago and up 1.8% sequentially.

CORONA, CA -- Several leading equipment OEMs are teaming to sponsor a pair of workshops on electronics reliability in California next month.

SHENZHEN -- SMTA China has issued a call for papers for its annual SMTA China South Technology Conference this fall.

LAGUNA, PHILIPPINES – Integrated Micro-Electronics (IMI) reported first-quarter consolidated revenues of $199.1 million, down 1.1% year-over-year.

TORONTO -- SMTC swung to a first-quarter profit despite a 14% drop in revenue.

MINNEAPOLIS -- Nortech Systems today reported net sales of $29 million for the first quarter ended Mar. 31, a 9% increase over 2015.

BOXBORO, MA -- A state-of-the-art semiconductor fab can cost up to $15 billion, putting it out of reach by all but the very largest players.

SAN JOSE – Electronics manufacturing services provider Syrma Technology today announced a major expansion of its engineering facilities by bringing online a newly renovated 30,000 sq. ft. manufacturing center in the Special Economic Zone (SEZ) of Chennai, India.

SCHAUMBURG, IL -- Sparton today announced fiscal third quarter sales at its Manufacturing & Design Service segment rose 9.7% to $68.2 million.

HELSINKI -- PKC has signed an agreement to start negotiations on creating a joint venture with an undisclosed company specializing in electronics manufacturing.