CARY, NC – TT Electronics Integrated Manufacturing Services has opened an engineering office here.
ANGLETON, TX -- Benchmark Electronics today reported first quarter net income of $19 million, up 73% year-over-year. Revenue jumped 17.9% to $639 million for the period ended March 31.
TORONTO – Celestica reported first-quarter revenue ended Mar. 31 of $1.312 billion, down 4% year-over-year.
SAN JOSE, CA – Sanmina Corp. reported fiscal second-quarter revenue ended Mar. 29 of $1.48 billion, up 3.5% year-over-year, and up 2% sequentially.
SAN DIEGO – KIC says effective immediately the SlimKIC 2000 and KIC Explorer lines of profilers are no longer available for sale.
BILLINGSTAD, NORWAY – Kitron reported first-quarter 2014 revenues of NOK 435.8 million, up 15.2% year-over-year.
GOLDEN, CO – Creation Technologies has relocated its Colorado design center to a larger facility here. The 16,000 sq. ft. center features dedicated labs for each of Creation's engineering disciplines, including optical and imaging, electrical, mechanical, industrial, fluidics and software development.
MALMO, SWEDEN – PartnerTech posted net sales in the first quarter of 2014 of SEK 548 million, down 1% year-over-year. The contract electronics manufacturer reported a post-tax loss of SEK 2 million, compared to profit after tax of SEK 2 million in the same period last year.
SAN JOSE – North America-based manufacturers of semiconductor equipment posted $1.28 billion in orders worldwide in March, up 16.1% year-over-year, and down 1.2% sequentially, says SEMI. The figures are based on a three-month average basis.
GLENVIEW, IL – Illinois Tool Works today reported first-quarter 2014 revenues up 4% year-over-year to $3.6 billion. Operating income increased 16% to $667 million.
FREMONT, NH – The SMTA Boston Chapter is hosting a plant tour at the Precision Placement Machines facility here Apr. 22.
CHIHUAHUA, MEXICO -- Continued layoffs are expected at SMTC's manufacturing site here as the company attempts to make the operation more efficient and cost-effective.