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WESTLAKE, OH – Nordson Corp. today announced that it has signed a definitive agreement to acquire testing and inspection equipment manufacturer Dage Holdings, Ltd. Terms of the purchase were not disclosed. The acquisition is subject to review by the German Federal Cartel Office.

Nordon also owns Asymtek, March Plasma Systems and EFD, among others.

Dage employs more than 200 people and had revenues of approximately $59 million during the 12-month period ending Oct. 31.

Dage makes bond testing and digital x-ray systems.

“The purchase of Dage fits Nordson’s strategy of acquiring companies with above-average
growth in markets currently served by Nordson companies,” said Edward P. Campbell,
chairman and chief executive. “Over the three-year period ending April 30, Dage revenues and operating profit grew at annual rates of 24% and 69%, respectively. These growth rates are nearly identical to those of Nordson’s Advanced Technology Systems segment, which since 2003 has grown revenues and operating profit at annual rates of 23% and 59%, respectively.”


Campbell added, “Dage’s operating margins during the first half of its fiscal 2007 were 21%.

The acquisition is expected to be accretive to Nordson’s fiscal year 2007 earnings per share.


SAN JOSE SEMI has issued an alert for producers of semiconductors who sell products in China. As of March 1, semiconductor equipment will be required to comply with China RoHS; specifically, products will require environmental labels and supporting self-declared information in Chinese with regard to six hazardous substances. 

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SPOKANE, WA - ACE has appointed Fix-Trade BV and Process Support Products to represent its products in Europe and the U.K.
 
Fix-Trade BV becomes ACE’s exclusive provider of sales, service, installation and support in the Benelux region, while Process Support Products will take on the same responsibilities in the U.K. 
WOBURN, MA - Innov-X is offering an online video demonstration on handheld XRF RoHS compliance screening. The online demo gives a demonstration of a handheld XRF unit, and provides information on Innov-X’s own line of handheld XRF analyzers.
 
Thief River Falls, MN - Digi-Key signed an agreement to globally distribute SMC’s pressure switches, vacuum switches, digital pressure regulators, digital flow switches and accessories. The parts are available directly from Digi-Key.  
 
TORTOLA, BRITISH VIRGIN ISLANDS -- Bonso Electronics International, a maker of sensor and communications products, reported net sales rose 29.7% to $20.7 million for the three month period ended Sept. 30. Net income rose 98% to $483,000 during that time.

Prices for oil, raw material and labor cut the gross profit margin from 19.7% to 18.9% in the quarter.

PHOENIX -- Electronics manufacturing solutions provider Suntron Corp. today reported an operating loss of $2.6 million on net sales of $70.6 million for its third quarter. The net loss increased $2.2 million to $3.7 million.

The results include $1.2 million of professional fees related to outstanding litigation and $1.1 million of restructuring charges related to severance, retention and lease exit costs tied to the closure of two U.S. manufacturing operations.
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TORONTO -- Celestica Inc. will form a joint venture with IT services provider HCL Technologies Ltd. to provide concept-to-manufacturing solutions.

The companies said the JV will integrate the supply chain including product concept, design, engineering, manufacturing, fulfillment, sustaining engineering, reverse logistics and after-market services.

Celestica and HCL have had a three-year relationship during which they have supplied integrated solutions to telecom, enterprise, consumer, medical, aerospace and semiconductor customers. HCL's software is in use in Celestica's Solutions Accelerator platforms for server blades, WiMAX, ATCA and storage equipment.

"Our customers are increasingly being challenged to compress their concept-to-manufacturing schedule," said Dave Tiley, Senior Vice President, Global Services, Celestica. "This exciting joint venture between two world-class companies creates a highly integrated, flexible offering that enables OEMs to focus on IP generation while Celestica and HCL focus on time-to-market and total cost of ownership."

PALO ALTO, CA -- H-P will license its photo-enhancing technology to Flextronics for use in camera-equipped cellphones. The deal is for five years; the companies did not diclose the royalty fees or other aspects of the agreement.

According to H-P, Flextronics will license the software for camera modules that capture images at 3 MP and above,. That segment is forecast to make up five to 13% of the more than 600 million camera phones expected to be shipped next year.

It is not clear whether the deal is exclusive to Flextronics .

"Flextronics is the ideal partner to harness the capabilities of H-P's digital-imaging technology to open new markets," H-P imaging and printer group vice president Tara Bunch said in a statement. "The agreement is a breakthrough for the booming camera-phone market because it will transform photos into higher-quality images and keepsakes to share and print."

In licensing the technology, H-P's goal is that more users will print the images -- ideally using H-P printers, ink and paper stock.
HIALEAH, FL -- EMS provider Simclar Inc. reported September quarter revenue of $30,653,658, up 85% from 2005. Net income was $617,868, up from $241,611. A portion of the growth was came from acquisitions.

Pretax income was $1 million, up from $396,084 last year.

VANCOUVER -- Northstar Electronics, a electronics contractor and OEM of sonar technologies, today reported third-quarter revenues climbed up 87% to $413,132, while the net loss from operations narrowed to $161,514.

Northstar CEO Dr. said, "We have taken measures to reduce salary and overhead expenses. These measures along with increased revenues have helped reduce the loss in the quarter to approximately 40% of the loss in the third quarter of 2005.

"During the quarter, we made good progress in our efforts to secure new contracts in defense and Homeland Security and anticipate concrete results shortly in several areas."

In the quarter, the company continued work on a Lockheed Martin contract for command and control consoles for submarines, on an a digital receiver for wireless underwater products, and on a sonar system for fisheries research.


RICHARDSON, TX -- TXP Corp., a provider of pre-manufacturing services for electronics manufacturing, today reported September quarter sales of $1.7 million and net income was $2.2 million.

The odd ratio was tied to a one-time revene gain in the third quarter 2005 and a large tax benefit in the just-completed period.

For the quarter net income included a non-cash gain of $2.7 million related to a change in the fair value of derivative financial instruments. TXP had net income of $405,000 in 2005.

Sales dropped $4.2 million from the quarter last year, when TXP booked $5.2 million from a one-time project with a single customer.

The operating loss was $215,000, down from income of $676,000 last year.

Total revenue year-to-date is $5.1 million, down from $8.5 million in 2005. The operating loss is $346,000, versus operating income of $332,000, and the net loss is $2.1 million, versus a net loss of $21,000 last year.

Excluding last year's one-time gain, core revenues rose 120% year-over-year and gross margin increased to 41% from 22% last year.

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