METUCHEN, NJ -- EMS firm Powerspec has leased a 9,000 sq. ft. property in Somerville, NJ, a local realtor announced.

HAWTHORNE, CA -- OSI Systems today announced March quarter sales at its Optoelectronics and Manufacturing division fell 6.1% from a year ago to $61.3 million.

SCHAUMBURG, IL -- The board of directors of Sparton Corp. has authorized Wells Fargo Securities to conduct a process to identify parties interested in acquiring the entire company.

PARIS -- AsteelFlash has started production at its newly built state-of-the-art electronics assembly facility La Soukra, Tunisia.