JASPER, IN – Kimball Electronics reported fiscal fourth quarter net sales of $318.6 million, an increase of 15.1% year-over-year. Net income for the period ended Jun. 30 was $7.5 million, up 30.1% year-over-year. Operating income was $10.3 million, down 8.4%.

DENVER, CO – SlingShot Assembly completed its second acquisition in 13 months, buying Kenosha, WI-based Jade Electronics.

BANNOCKBURN, IL — North American printed circuit board shipments in June were up 5.5% year-over-year and 10.7% sequentially, said IPC. Year-to-date sales growth was 11% percent as of June.

WASHINGTON – Citing the vital need for a secure US industrial base, US Senators Mike Crapo (R-ID) and Mark Warner (D-VA) have introduced bipartisan legislation to guard against attempts by the People’s Republic of China and others to undermine US national security by exploiting and penetrating US supply chains.