GARBSEN, GERMANY – LPKF Laser & Electronics expects 2010 revenue to rise 56% year-over-year. The firm attributes the growth to a booming export business.

LPKF opened new sales and service branches in Shanghai and Japan this month.

The company produces machines and laser systems used in electronics production, medical technology, the automotive industry, and the production of solar panels.

SANTA CLARA, CA – As the transition to flat panel TV nears completion, TFT LCD TV panel demand is slowing, from 41% year-over-year in 2010 to 8.3% in 2011, says DisplaySearch.

Total TFT LCD panel area demand is expected to increase 10.4% in 2011, resulting in 11% TFT LCD glass area demand growth, accounting for time shifts and production yields, the firm says.

Coming out of a tight supply situation in 2009, TFT LCD glass substrate manufacturers have significantly increased capacity in 2010, with area growth estimated to be 32% year-over-year. DisplaySearch forecasts 13% year-over-year capacity growth in 2011. With panel makers cutting back on utilization, the firm predicts an oversupply situation in the first quarter, with a glut of 12.8%.

From the second quarter of 2009 to the second quarter of 2011, the quarterly area capacity of TFT LCD glass production is expected to increase 42%. The growth will be accomplished with a 15% increase in the number of tanks.

MILTON – Sono-Tek Corp. reported third-quarter revenue of $2.59 million, up 31% year-over-year.

PATERSON, NJ – Guardian Capital Partners has purchased EMS provider PPI-Time Zero from Saugatuck Capital, owner of the firm since 2001.

PPI caters to the aerospace, medical and controls and instrumentation markets.

Fox Chase Bancorp provided financing for the transaction. No other financial terms of the deal were disclosed.