News
BOSTON -- A pair of leading makers of screen printers have signed a licensing agreement for a patented print head.
DEK will license its "ProFlow" enclosed print head technology to Ekra, for use in new machines. The deal is for five years, and financial terms were not disclosed.
The agreement also covers printers sold under the Asys name. Asys purchased Ekra earlier this year.
DEK will license its "ProFlow" enclosed print head technology to Ekra, for use in new machines. The deal is for five years, and financial terms were not disclosed.
The agreement also covers printers sold under the Asys name. Asys purchased Ekra earlier this year.
MINNEAPOLIS -- Nortech Systems
today reported record net sales of $20.9
million for the third quarter ended Sept. 30, 2005, up 9% over 2004.
Net income was up 10% to $260,357.
Year-to-date sales are up 16%, to $60.5 million, and net income is up 30%, to $498,210.
ST. LOUIS -- LaBarge Inc. reported net sales fell 9.2% year-over-year to $39.6 million for the quarter ended Oct. 2. Net
earnings were down 13% to $2 million, due to customer delays in startup programs and rescheduled
shipments.
Craig LaBarge, chief executive and president, said, "Production has now ramped up on most of the affected programs and we expect shipments to proceed without further delays."
Craig LaBarge, chief executive and president, said, "Production has now ramped up on most of the affected programs and we expect shipments to proceed without further delays."
Richardson, TX – To help the industry company with the EU’s RoHS Directive, the SMTA is offering a one-day mini-conference on Complying with RoHS. The event, moderated by Harvey Stone of the Goodbye Chain Group, will take place December 7 at the Richardson Hotel in Richardson, TX.
The sessions will focus on actual experiences that companies are having when solving difficult compliance challenges.
For the topics and agenda, visit: smta.org/education/symposia/symposia.cfm
SPOKANE, WA -- Key Tronic
Corp. an mid-sized EMS provider,
today announced first-quarter revenue of $44.3 million, down 9% from
last year, for the quarter ended
Oct. 1.
Net income was $702,000, up 166% from $266,000.
Net income was $702,000, up 166% from $266,000.
MILPITAS, CA -- Solectron Corp. has completed a $250
million stock buyback begun in July, and will conduct a similar-sized
stock repurchase program starting in the second quarter of fiscal 2006.
