SPARKS, MD – Danaher Corp. and Cooper Industries today said they have reached an agreement to combine their respective tool businesses: Danaher Tool Group and Cooper Tools.

Danaher Tool Group’s Steve Breitzka will lead the new firm as president and CEO. 

Cooper and Danaher will each hold a 50% ownership stake in the new joint venture. No other financial terms were disclosed.

The company, yet to be named, will be headquartered here, and will market tool industry brands such as Allen, Apex, Armstrong Tools, Campbell, Cleco, Crescent, Erem, GearWrench, H.K. Porter, Jacobs Chuck, Jobox, K-D Tools, Lufkin, Nicholson, Plumb, Sata, Weller and Wiss.

BANNOCKBURN, IL – February PWB shipments by North American fabricators increased 8.5% year-over-year, while orders rose 29.1%.

TAMPA, FL -- Researchers from Sypris Electronics and Purdue University have formed a team to focus on the US government's cyber security.

SAN JOSE – Philippe Kahn, CEO of Fullpower Technologies, will keynote MEPTEC’s 8th annual MEMS Technology Symposium.
 
Kahn, known for his work in integrating cameras into phones, will discuss the art of motion sensing. He will reflect on how motion shapes lives and how hybrid sensors hold an opportunity for the next generation of mobile devices to integrate complex and advanced motion solutions and the necessary software technology.

The keynote takes place May 20.

For more information about the symposium, visit www.meptec.org.

ST. PETERSBURG, FL -- Jabil Circuit last night announced preliminary results indicate sales rose 4% year-over-year to $3 billion in its fiscal second quarter.