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MINNEAPOLIS -- HEI Inc. today reported first-quarter net sales rose 7.2% to $9.52 million.
NEW YORK -- Dover Corp. reported first-quarter revenue rose 15% over the prior year to $1.6 billion.
TORONTO -- Celestica's improving financial position will allow it to move ahead on plans to add to its health-care and "green" business segments, the company's CEO said.
WASHINGTON -- New orders for durable goods slipped in March, falling 1.3% to $176.7 billion, the US Department of Commerce said, as demand for civilian aerospace and certain transportation goods dragged down the rest of the index.
WASHINGTON – “Manufacturers are pleased the administration is moving forward with changes to modernize the current Cold-war era system. We are particularly encouraged by the announcement of a single control list and a unified information technology platform, but we believe the administration must also move forward on near- and medium-term reforms along the way to creating a single agency.”
So said Frank Vargo, the National Association of Manufacturers’ VP for international economic affairs, in a prepared response to Defense Secretary Robert Gates’ speech on the administration’s export control reform proposals.
In the press statement, Vargo added, “The creation of a new agency to administer a modern export control regime will only be a success if it includes the implementation of a workable transition plan and near- and medium-term reforms.”
The NAM proposed near- and medium-term recommendations earlier this year, along with a blueprint for fundamental reform, Vargo continued. He believes these reforms are critical to addressing immediate national security, industrial base, and manufacturing imperatives.
Manufacturers had hoped the administration’s proposals would include details about “implementation of the intra-company transfer, a renewed focus on small- and medium-sized manufacturers, and a streamlined approach for licensing to support US government programs involving allies.”
The NAM will “continue to urge implementation of near- and medium-term reforms, while working toward a fundamental makeover of the system” to “enhance US national security, support the industrial base and reach the president’s goal of doubling exports within five years.”
The revision provides data to help determine the capability and compatibility of flexible base dielectric materials in manufacturing flexible printed circuitry and flexible flat cables.
Flexible base material specification sheets have been updated with the newest properties for specification material types, such as polyimide, fluorocarbon and polyethylene teraphthalate films; reinforced epoxy; aramid paper and others.
In addition, dielectric metrics of properties such as permittivity and loss tangents have been expanded to include frequencies of 1 MHz, 1 GHz, and 10 GHz.
The standard establishes current classification system, qualification and quality conformance requirements, and test methods for flexible base dielectric materials.
TORONTO – Celestica Inc. reported first-quarter revenue of $1.52 billion, up 3.4% year-over-year, citing new wins from existing customers.
Net earnings for the quarter were $25.9 million, up nearly 35% year-over-year.
Orders for the quarter were up 58% to $17 million compared to the fourth quarter of 2009.
First-quarter operating income was $257,000, compared to operating losses of $1.6 million in the prior quarter and $4 million in the same quarter last year.
Net income was $247,000, compared to net losses of $1.6 million in the fourth quarter and $2.4 million in the first quarter of 2009.
“Sales of alignment sensors to manufacturers of robotic assembly equipment, including Juki and Assembléon, were up 61% from last year's fourth quarter. Sales of inspection systems increased 32% during the same period, paced by orders for our SE500 solder paste inspection system from original design manufacturers in China,” said Kathleen P. Iverson, CEO and chair.
The firm forecasts $16 million to $17 million in revenue for the second quarter.
Tied for first place were Christopher Hunt, Ph.D., National Physical Laboratory, for “Solder Joint Reliability from Material Properties,” and David Lee, Ph.D., Johns Hopkins University, for “Comparison of the Electrochemical and Physical Properties of the Nanocrystalline Copper Deposition in the Fabrication of Wiring Boards.”
From twenty–three industry posters presented, the event’s Technical Program Committee selected the winners through a ballot process.
IPC also held an academic poster competition. Attendees voted on the top three posters, with first place going to Pylin Sarobol, Aaron Pedigo, P.Su, J.E. Blendell, and C.A. Handwerker, Sc.D., from Purdue University for “A Defect Phase Diagram for Tin Whisker and Local Film Properties near Whiskers.”
The same team, with Aaron Pedigo as the main author, took second place for “Tin Whisker Growth Related to the Crystallographic Texture of Sn and Sn Alloy Electrodeposits.”
Amendra Koul from Missouri University of Science and Technology won third place for “Thermal Effects on PCB Laminate Material Dielectric Constant and Dissipation Factor.”
Ten posters highlighting research being conducted at the college level were featured from Auburn University; Missouri University of Science and Technology; Purdue University; University of California, Irvine, and University of Maryland.
Compared to March 2009, orders are up a giant 423%.
A surge in Germany sales and dropping prices prompted the firm to upgrade its forecast of installations of photovoltaic systems this year.
A previous February forecast was 8.3 GW worth of installations in 2010, up 64% from 2009.
Robust market conditions will be seen in the second and fourth quarters, compensating well for slower first and third quarters, says iSuppli.
By 2011, global PV installations will rise to 20.3 GW, nearly tripling 2009 levels.
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