News
MILTON, NY -- Sono-Tek's August quarter sales rose 13% year-over-year to $1.61 million but the company swung to a net loss of $177,000.
For the period ended Aug. 31, the Company reversed its previous year's profits of $12,000, citing increased spending on technical and market developments for a new business development program.
Chairman and CEO Dr. Christopher L. Coccio attributed the increase to the new business development program, and noted that the sales increase was based on products such as the Exactacoat and Flexicoat, which serve the new solar and fuel cell markets, WideTrack systems for new glass customers and our first textile finishing system, and the new line of SonoDry ultrasonic spray dryers for the pharmaceutical and nanotechnology industries.
For the period ended Aug. 31, the Company reversed its previous year's profits of $12,000, citing increased spending on technical and market developments for a new business development program.
Chairman and CEO Dr. Christopher L. Coccio attributed the increase to the new business development program, and noted that the sales increase was based on products such as the Exactacoat and Flexicoat, which serve the new solar and fuel cell markets, WideTrack systems for new glass customers and our first textile finishing system, and the new line of SonoDry ultrasonic spray dryers for the pharmaceutical and nanotechnology industries.
SMYRNA, GA – UP Media Group Inc. seeks abstracts for PCB Design Conference East 2009, to be held Apr. 27 - May 1 in Waltham, MA.
The event at Westin Waltham Boston includes a one-day exhibition on Apr. 29.
PCB East is a five-day conference focusing on PCB design, engineering and fabrication. The conference is comprised of a three-day technical conference and a professional development certificate program of one- and two-day courses.
Papers and presentations of the following durations are sought for the technical conference: one-hour lectures and presentations, two-hour workshops, and half-day seminars.
Papers and presentations of one-day and two-day tutorials are sought for a professional development certificate program.
Suggested topics include high-speed, high-frequency and signal integrity; component placement; EMI/EMC analysis; thermal analysis; Pb-free processes (especially how they affect design and fabrication); environmental legislation (REACH, RoHS, etc.) and its effects; RF and microwave design; packaging design; mixed-signal design; area arrays; FPGA design and implementation; embedded passives and active devices; flexible circuitry; HDI design and technologies; PCB design/layout basics; component library creation and management; design for manufacture, test and assembly; design (including analog, digital and power supplies); PCB fabrication; surface finishes; industry forecasts, and business and supply chain issues.
Submit abstracts by Nov. 14 at www.pcbeast.com/speakers/abstract.shtml, or email requested information to knargitoth@upmediagroup.com.
If selected, final papers and presentations will be due in March.
Printed Circuit Design & Fab and Circuits Assembly magazines are media partners for the event.
For more information, visit www.pcbeast.com.
BANNOCKBURN, IL – The Emerging/Critical Interconnection Technology program will receive $2 million in federal appropriations for 2009, up 60% year-over-year.
The E/CIT program was created in 2002 to strengthen the Department of Defense and the US PCB industry.
Operated by Naval Surface Warfare Center, Crane (IN) Division, E/CIT is designed to ensure the military has the latest technical capabilities, processes and equipment to support war-fighter requirements.
The program facilitates solutions to current military problems and evaluates leading-edge design and manufacturing technologies for future military and commercial requirements.
IPC is among the groups that has advocated for funds for the program.
The E/CIT program was created in 2002 to strengthen the Department of Defense and the US PCB industry.
Operated by Naval Surface Warfare Center, Crane (IN) Division, E/CIT is designed to ensure the military has the latest technical capabilities, processes and equipment to support war-fighter requirements.
The program facilitates solutions to current military problems and evaluates leading-edge design and manufacturing technologies for future military and commercial requirements.
IPC is among the groups that has advocated for funds for the program.
TORONTO – Adeptron Technologies will provide $15 million a year in electronics manufacturing services to an undisclosed OEM, the EMS firm said today.
The deal has "the potential to increase significantly," Adeptron said, because of sales growth of the product lines and from possible additional manufacturing support services for other current and future products.
Adeptron said the Canada-based OEM designs a "top-selling range of proprietary technology products that are marketed worldwide." The company indicated the product is used in office and educational environments.
Full ramp of manufacturing is expected to take place during the first quarter 2009.
Adeptron has annual sales of $250 million, including revenues generated by a partner in China.
GLENVIEW,
IL – Illinois Tool Works reported third-quarter net income slipped 7.5%
even on an 11% jump in revenues, the latter spurred by acquisitions and
favorable currency translations. Base revenues fell 0.8% on lower volumes
partially offset by higher raw material price recovery.
WASHINGTON, DC – Big industry production fell lower in September than it had since late 1974, largely as a result of hurricanes Gustav and Ike.
The Federal Reserve reported production at US factories, mines and utilities plunged 2.8% last month, in addition to a 1% drop in August.
The Fed estimated hurricane-related disruptions accounted for about 2.25 points of the total drop. In addition, a strike affecting the commercial aircraft industry also was a factor, accounting for around 50 basis points.
Economists originally forecast a September decline of 0.8%.
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