BEAVERTON, OR -- Pentagon EMS, a supplier of tooling and fixtures for electronics assembly, has acquired nearby Proco Manufacturing. Terms were not disclosed.
TEMPE, AZ -- The nation's top indicator of purchasing activity rose 2.7 points in May to its highest level in eight months as the manufacturing sector slowly emerges from the recession bottom.
MILTON, NY -- Sono-Tek reported annual sales for the year ended Feb. 28 rose 12.5% year-over-year to $6.4 million. The net loss was $1.5 million, down from net income of $11,205 a year ago.
ELKHART, IN – EMS provider CTS Corp. said it would establish a liaison office near New Delhi to engage in business development activities to support India’s growing automotive and electronics industries.
HONG KONG -- Surface Mount Technology Holdings, a top 30 EMS company, reported revenue plunged 52% year-over-year to HK$397.7 million ($51.3 million) for the quarter ended March 31.
SAN JOSE -- Flextronics is commencing a cash tender offer to purchase up to $200 million worth of its outstanding long-term notes and is proposing changes to existing terms that would permit the EMS company to retire up to $500 million worth of other debt early.
DORSET, UK – Blakell Europlacer Ltd. will hold a free process/productivity improvement seminar July 15-17 at the company’s headquarters in Poole, Dorset.
NEW YORK -- The Russian electronics manufacturing industry will grow 165% over the next seven years, reaching $4.91 billion by 2015, according to a new report.