FORT WORTH, TX – S&B Industries, a subsidiary of Foxconn located in Fort Worth, TX, is laying off 115 employees beginning on July 21, according to a Worker Adjustment and Retraining Notification Act notice.

BERLIN – Otis Worldwide has opened a new €8 million ($9 million) PCB production facility dedicated to advanced and complex PCB designs, as well as rapid prototyping and industrialization.

STOCKHOLM – Mycronic reported second-quarter sales of SEK1.25 billion ($1.22 billion), a 2% decrease from last year's second quarter.

BILLINGSTAD, NORWAY – Kitron announced record revenue of €206.3 million ($230.8 million) for the second quarter, an increase of 31% compared to the second quarter of last year.