caLogo

Latest News

AUSTIN, TX -- Flextronics is considering investing $15 million in its operations here and adding up to 300 workers as part of a state program that would refund up to $1.25 million to the EMS company.


The company currently employs a reported 2,500 workers at the 1,000,000 sq. ft. manufacturing site here, which builds Apple Mac Pros, among other devices.

Texas' Enterprise Zone Act, which is funded by the state's sales and use tax, issues tax rebates to private companies in exchange for investments in infrastructure and workers.

Flextronics said the jobs would include factory workers and would pay an average $30,000 per year. The firm would also retain some 200 management positions that pay an average $115,000 a year.

As a condition of the state program, Austin has to nominate Flextronics for the deal and also offer its own incentive.

 

AUSTIN, TX -- Flextronics is considering investing $15 million in its operations here and adding up to 300 workers as part of a state program that would refund up to $1.25 million to the EMS company.


The company currently employs a reported 2,500 workers at the 1,000,000 sq. ft. manufacturing site here, which builds Apple Mac Pros, among other devices.

Texas' Enterprise Zone Act, which is funded by the state's sales and use tax, issues tax rebates to private companies in exchange for investments in infrastructure and workers.

Flextronics said the jobs would include factory workers and would pay an average $30,000 per year. The firm would also retain some 200 management positions that pay an average $115,000 a year.

As a condition of the state program, Austin has to nominate Flextronics for the deal and also offer its own incentive.

 

CONKLIN, NY – Universal Instruments’ Advanced Process Lab is now certified to help IPC identify trusted electronics manufacturing suppliers.


IPC added APL to its list of Certified Test Laboratories. In doing so, IPC has authorized APL to perform IPC validation testing of electronics manufacturing industry suppliers.

APL was evaluated in an IPC audit that examined capabilities, processes, and results. Once approved, APL was added to a list of three other IPC-certified test laboratories.

BANGKOK -- SVI Public Co. reported first-quarter consolidated revenues rose 30.4% year-over-year to 2,100 million baht ($64.8 million). Net income rose 14.3% to 256 million baht, the EMS company added.


The sales growth was due to demand for professional audio equipment and industrial controls.

Company executives said the first quarter is typically its most difficult and that visibility is improving for the remainder of 2014.

Ed.: $1= 32.4254 THB

 

TAIPEI -- Foxconn Electronics reported April consolidated revenues of $9.73 billion, up 0.92% year-over-year. Revenues were down 4.35% sequentially, the company said, and are up about 7% year-to-date.


The company cited seasonal effects of PCs, communication devices and consumer electronics for the revenue drop.

PHILADELPHIA -- ACI Technologies will host a two-day TechExpo next week at its training and demo center here. The event will feature several presentations and equipment demonstrations, highlighted by a talk on nanocoating stencils by Chrys Shea.

Read more ...

SIEVI, FINLAND – Scanfil reported first quarter profits rose 54.5% to 1.1 million euros on an 8% increase in revenue. During the March quarter, the EMS company totaled sales 47.6 million euros on higher demand from the long-lagging telecom sector.

Read more ...

MINNEAPOLIS -- Nortech Systems today reported net income for its first quarter of to $86,000, down 39% from last year, when the EMS firm received a tax benefit of $70,000. Without the credit, net income was up 21.1%.

Read more ...

SPOKANE VALLEY, WA – ACE Production Technologies will acquire the lead tinning business portfolio of GPD Global, the companies announced today. Financial details were not disclosed.

Read more ...

ST. LOUIS -- Viasystems Group's Assembly segment had sales of  $42.6 million, up from $31.9 million a year ago, but the operating loss rose to $3.9 million from $1.1 million last year. 

Read more ...

SINGAPORE -- MicroCare today announced the opening of a distribution center here to serve its customers in the Pacific Rim, and named Jerald Chan to manage the new division.

Read more ...

LAGUNA, PHILIPPINES — Integrated Micro-Electronics today said first-quarter net income surged $5 million from $253,100 a year ago on higher sales in most geographies. Revenues for the period rose 25% to $205.7 million over 2013.

Read more ...

Page 474 of 942

Don't have an account yet? Register Now!

Sign in to your account