News
Cleveland, OH – Jergens Inc., a manufacturer of standard tooling components, vises and other workholding equipment, has acquired Bock Workholding Inc. for an undisclosed sum.
Bock, with headquarters in Ford City, PA, and sales partners in Europe, Asia and Australia, is a manufacturer and distributor of workholding solutions designed to improve the productivity of vertical and horizontal machining centers and flexible manufacturing cells.
Bock, with headquarters in Ford City, PA, and sales partners in Europe, Asia and Australia, is a manufacturer and distributor of workholding solutions designed to improve the productivity of vertical and horizontal machining centers and flexible manufacturing cells.
BILLINGSTAD, NORWAY -- Kitron, a top 50 global electronics manufacturing services company, reported third-quarter revenue of NOK 483.7 million, up 24% over 2007. The net profit rose nearly 14 times to NOK 95,000.
MANILA -- Electronics exports, the leading manufactured product in the Philippines, fell 2.7% in September, according to government data.
Electronics make up 58.4% of the nation's sales.
The country exported $2.6 billion worth of electronics goods in September, with US the leading destination.
Electronics make up 58.4% of the nation's sales.
The country exported $2.6 billion worth of electronics goods in September, with US the leading destination.
THIEF RIVER FALLS, MN – Digi-Key Corp. has signed a deal to distribute Tyco Electronics’ passive components worldwide.
The new deal is aimed at growing markets in Europe and Asia.
Previously Digi-Key distributed Tyco’s products on a regional basis.
Tyco supplies passive electronic components used in the automotive, computer, consumer electronics, communication equipment, appliance, aerospace and defense, industrial machinery and instrumentation markets.
The new deal is aimed at growing markets in Europe and Asia.
Previously Digi-Key distributed Tyco’s products on a regional basis.
Tyco supplies passive electronic components used in the automotive, computer, consumer electronics, communication equipment, appliance, aerospace and defense, industrial machinery and instrumentation markets.
PHILADELPHIA – The American Competitiveness Institute will sponsor a pair of free workshops early next month. On Dec. 3, ACI will partner with Dage Precision Industries for a special half-day workshop on x-ray inspection criteria and common defect analysis, covering solder-related defects such as head-on-pillow, BGA and substrate opens.
On Dec. 11, ACI will team with Aqueous Technologies, Kyzen and Technical Devices to present the Low Stand-Off Cleaning Symposium. The one-day program includes training on practical approaches in cleaning the z-axis through inline and batch processes.
On Dec. 11, ACI will team with Aqueous Technologies, Kyzen and Technical Devices to present the Low Stand-Off Cleaning Symposium. The one-day program includes training on practical approaches in cleaning the z-axis through inline and batch processes.
Both workshops will be held at ACI in Philadelphia, and a free lunch will be provided.
CONKLIN, NY – The drop in demand for placement machines has hit Universal Instruments, which laid off 45 workers Tuesday, according to published reports.
The cuts include full-time employees in manufacturing and engineering support. Earlier in the month, UIC and sister company Unovis let go small numbers of staff in marketing. The firm now employs about 400 in the Binghamton, NY, area, say published reports.
The company says it has no plans for more layoffs in Binghamton but will reduce headcount elsewhere. No further details are currently available.
The cuts include full-time employees in manufacturing and engineering support. Earlier in the month, UIC and sister company Unovis let go small numbers of staff in marketing. The firm now employs about 400 in the Binghamton, NY, area, say published reports.
The company says it has no plans for more layoffs in Binghamton but will reduce headcount elsewhere. No further details are currently available.
TAIPEI -- Foxconn Electronics (the trade name of Hon Hai Precision Industry) reported October sales were up 29.1% year-over-year to $5.2 billion.
Sales were up 7.6% sequentially, the company said, on demand for networking and consumer electronics. PC sales were stable, the company said.
TAIPEI – Quanta Computer, Compal Electronics and Wistron all reported sequential revenue increases in October, while Inventec fell slightly, say published reports.
Quanta reported consolidated revenues of $2.24 billion for the month, up 19.3% sequentially, but down 1.3% year-over-year. The firm shipped four million notebooks in October.
Quanta's revenues for the first ten months were $20.18 billion, up 11.6% compared to the same period last year.
Compal reported a record consolidated revenues of $1.43 billion for October, up 2% compared to September, and up 2.13% compared to the same month last year.
The firm’s revenues from January to October were $11.1 billion.
Wistron said consolidated revenues for the month were $1.63 billion, also a record, up 7.4% sequentially. The company’s October revenues surged 64.83% year-over-year.
Inventec reported revenues of $1.17 billion, down 4.72% sequentially; however, with substantial notebook orders from Toshiba, combined revenues from January to October reached $8.62 billion, up 51.36% compared to the period last year.
BANNOCKBURN, IL — A new guidebook that covers the European Union's registration, evaluation, authorization and restriction of chemicals (REACH) regulations has been released by IPC.
The document was developed at the direction of an IPC task force to combat "a widespread lack of awareness and understanding of REACH within the industry."
"REACH & the Electronics Industry Supply Chain: The Basics, the Impact and How to Survive," includes a timetable of activities and a review of REACH implications and obligations for each segment of the supply chain.
The deadline for REACH preregistration is Nov. 30.
For information, visit the IPC bookstore at ipc.org/onlinestore.
The document was developed at the direction of an IPC task force to combat "a widespread lack of awareness and understanding of REACH within the industry."
"REACH & the Electronics Industry Supply Chain: The Basics, the Impact and How to Survive," includes a timetable of activities and a review of REACH implications and obligations for each segment of the supply chain.
The deadline for REACH preregistration is Nov. 30.
For information, visit the IPC bookstore at ipc.org/onlinestore.
BREST, FRANCE -- Roughly 300 employees at Jabil Circuit's plant here went on strike last Wednesday to protest the site's possible closure, according to published reports.
As reported by Ouest France, Jabil has indicated plans to close, sell or otherwise restructure the plant. The paper reported the site’s revenues are 25% below expectations.
Jabil acquired the site and its then 700 employees from Alcatel in 2002.
As reported by Ouest France, Jabil has indicated plans to close, sell or otherwise restructure the plant. The paper reported the site’s revenues are 25% below expectations.
Jabil acquired the site and its then 700 employees from Alcatel in 2002.
HELSINKI — Nokia Siemens Networks will
lay off 1,250 employees in Finland and Germany as part of a previously
announced cost-cutting plan. The cuts bring the total to 7,250 workers sacked since June 2006.
MONTREAL -- Nortel Networks today said it would cut about 1,300 jobs between now and 2009 after reporting a $3.41 billion loss in the September quarter, including a noncash charge of $3.21 billion for goodwill
and deferred tax assets.
Among those losing their jobs are chief technology officer John Roese, global services president Dietmar Wendt and executive vice president global sales Bill Nelson.
The company is instituting a series of wage and spending freezes as well in an effort to preserve cash.
Among those losing their jobs are chief technology officer John Roese, global services president Dietmar Wendt and executive vice president global sales Bill Nelson.
The company is instituting a series of wage and spending freezes as well in an effort to preserve cash.
