News
GLENVIEW, IL – Illinois Tool Works, the parent company of several leading electronics suppliers, reported operating revenues fell 25% for the three months ended April 30.
ST. LOUIS – LaBarge Inc. has received $3.4 million in follow-on orders from BAE Systems to manufacture ruggedized circuit card assemblies used in military applications.
The company has been producing the assemblies since 2006 and anticipates receiving additional orders.
The new orders will continue production at LaBarge's Tulsa, OK, facility through January 2010.
The company has been producing the assemblies since 2006 and anticipates receiving additional orders.
The new orders will continue production at LaBarge's Tulsa, OK, facility through January 2010.
JACKSON, MI -- Sparton Corp. reported a net loss of $800,000 on a 6.2% drop in sales for the three months ended March 31.
FT. COLLINS, CO – RPM Electronics Inc. will close by the end of April and lay off its remaining 70 workers.
As reported by Circuits Assembly in December, the electronics manufacturing company previously was expected to close in February.
In published reports, RPM chief executive Chuck Mann cited the loss of business from RPM’s two main customers, Advanced Energy and Plasmon. Those OEMs made up 55% of RPM's sales and have started outsourcing its work to China.
Mann is also COO of RAD Electronics, which acquired RPM in March 2008.
As reported by Circuits Assembly in December, the electronics manufacturing company previously was expected to close in February.
In published reports, RPM chief executive Chuck Mann cited the loss of business from RPM’s two main customers, Advanced Energy and Plasmon. Those OEMs made up 55% of RPM's sales and have started outsourcing its work to China.
Mann is also COO of RAD Electronics, which acquired RPM in March 2008.
LOUISVILLE, KY – Sypris Solutions Inc. today reported first-quarter revenue of $81.7 million, down 23% year-over-year.
SANTA CLARA, CA – The European Union today fined Intel an unprecedented $1.45 billion for so-called strong-arm sales tactics. Intel said it will appeal.
Press Releases
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- Micro Technology Services Selects PBT Works CompaCLEAN III for Advanced PCB Cleaning Performance
- Indium Corp. is Electrifying the Future with Advanced Materials Solutions at Productronica