News
BANNOCKBURN, IL – John Hartner, executive vice president of Dover Technologies, has been named chairman of the IPC Surface Mount Equipment Manufacturers Association (SMEMA) Council Steering Committee.
Leo van de Vall, president and CEO of Assembléon America Inc., has been named vice chairman.
In a release, Hartner said he looks to engage all industry segments, not just the equipment OEMs SMEMA represents. “Our ability to cooperate in solving industry-wide issues benefits everyone in the supply chain, including customers, suppliers and channel partners,” said Hartner. ”Leo and I hope to lead SMEMA to be more global and more valuable to all members, big and small.”
The SMEMA Council is made up of electronics assembly suppliers. It initiates technical, managerial, and financial programs to improve supply chain efficiencies and enhance working relationships and equipment compatibility.
Leo van de Vall, president and CEO of Assembléon America Inc., has been named vice chairman.
In a release, Hartner said he looks to engage all industry segments, not just the equipment OEMs SMEMA represents. “Our ability to cooperate in solving industry-wide issues benefits everyone in the supply chain, including customers, suppliers and channel partners,” said Hartner. ”Leo and I hope to lead SMEMA to be more global and more valuable to all members, big and small.”
The SMEMA Council is made up of electronics assembly suppliers. It initiates technical, managerial, and financial programs to improve supply chain efficiencies and enhance working relationships and equipment compatibility.
SAN JOSE – Worldwide semiconductor manufacturing equipment billings reached $10.56 billion in the first quarter, up 7% sequentially, and down 2% year-over-year, according to SEMI.
The association also said worldwide semiconductor equipment bookings were $8.08 billion for the quarter, down 23% year-over-year, and down 11% sequentially.
“While bookings have weakened in the first quarter, overall industry billings remain at levels higher than the end of last year,” said Stanley T. Myers, president and CEO of SEMI. “Some regions, specifically North America, Korea and China, posted strong quarter-over-quarter growth in spite of the conservative capital environment.”
The association also said worldwide semiconductor equipment bookings were $8.08 billion for the quarter, down 23% year-over-year, and down 11% sequentially.
“While bookings have weakened in the first quarter, overall industry billings remain at levels higher than the end of last year,” said Stanley T. Myers, president and CEO of SEMI. “Some regions, specifically North America, Korea and China, posted strong quarter-over-quarter growth in spite of the conservative capital environment.”
SALEM, OR – Electronics manufacturers pursuing individual or group recycling programs in compliance with Oregon's new electronics recycling law must submit plans by July 1.
NEW YORK – Vietnam’s January 2007 entry into the World Trade Organization set in motion what’s become a fast-growing electronics manufacturing locale. The Southeast Asian nation’s low labor cost, availability of trainable local population and favorable government policies are attracting global EMS/ODM companies to set up operations, says research firm Frost & Sullivan.
COLORADO SPRINGS – Photo Stencil has expanded its capacity in the US and abroad, adding an LPKF StencilLaser G 6080 at its Colorado Springs headquarters.
The company also upgraded its photoplotting infrastructure and added electroformed stencil manufacturing capacity and capability, and expanded its manufacturing facility in Penang, Malaysia.
The company also upgraded its photoplotting infrastructure and added electroformed stencil manufacturing capacity and capability, and expanded its manufacturing facility in Penang, Malaysia.
INDIANAPOLIS – Private investment firm Berwind Corp. has acquired Specialty Coating Systems from Bunker Hill Capital L.P. for an undisclosed sum.
BRUSSELS – After eight years of study, the European Commission has cleared Tetrabromobisphenol A for use without restriction in the EU. This marks the end of an official risk assessment of TBBPA, a brominated flame retardant used in more than 70% of PCBs.
The EU Risk Assessment evaluated TBBPA for potential risks to human health and the environment. The commission concluded no risk was identified for the reactive use of TBBPA such as in epoxy resins used in printed circuit boards.
JACKSON, MI -- Sparton Corp. will close its Albuquerque, NM, facility by Sept. 30, succumbing to the business climate, offshore competition and volatile market demand.
The 110,000 sq. ft. plant builds assemblies for customers in the industrial markets.
The 110,000 sq. ft. plant builds assemblies for customers in the industrial markets.
DANBURY, CT -- Praxair Inc. is raising prices for nitrogen and other gases by 10 to 20% for customers in the US, effective July 1, or as contracts permit.
The company said it would raise prices 10% to 20% for nitrogen, oxygen, hydrogen, and other gases, and would hike monthly fees up to 15%.
Praxair is a leading supplier of nitrogen in the US.
"These actions are being implemented in response to rapidly escalating energy, fuel, and other operational costs, current supply/demand imbalances, and increases in the cost of capital goods to support customer product supply," the company said in a release.
The company said it would raise prices 10% to 20% for nitrogen, oxygen, hydrogen, and other gases, and would hike monthly fees up to 15%.
Praxair is a leading supplier of nitrogen in the US.
"These actions are being implemented in response to rapidly escalating energy, fuel, and other operational costs, current supply/demand imbalances, and increases in the cost of capital goods to support customer product supply," the company said in a release.
NEENAH, WI – Plexus Corp. yesterday reaffirmed its guidance for its fiscal third quarter of $430 million to 450 million in revenue.
The EMS firm also reaffirmed fiscal year revenue growth of 16 to 18%. It added that it would receive an additional $5 million in orders in the fourth quarter from an unnamed defense customers, with potential for $17 million more in fiscal 2009.
The company said has purchased $168 million worth of its own shares as of June 13, with at least $32 million more in buybacks planned.
WYLIE, TX -- Global Innovation, a maker of bare boards and assemblies, reported April quarter revenues of $8.3 million, up 9.2% year-over-year. Net income for the company's fiscal third quarter was flat at $186,594.
Gross profit rose 3.1% to $1.7 million, while gross margins dropped 2.7 points to 19.1%.
Gross profit rose 3.1% to $1.7 million, while gross margins dropped 2.7 points to 19.1%.
WASHINGTON -- The chief executive of Cirrus Electronics has been sentenced to 35 months in jail after pleading guilty to illegally exporting electronics components used in missiles to India.
In return for pleading to exporting the components to Indian government entities, guilty, Parthasarathy Sudarshan will also pay a $60,000 fine. The components are used in ballistic missile guidance systems.
In return for pleading to exporting the components to Indian government entities, guilty, Parthasarathy Sudarshan will also pay a $60,000 fine. The components are used in ballistic missile guidance systems.
