News
WESTLAKE, OH – Nordson Corp. will take a $7 million charge for severance and other job-cutting costs for its fiscal fourth quarter ending Oct. 31.
Nordson, the parent company of Asymtek, EFD, Dage and YesTech among others, will take an additional $13 million charge in fiscal 2009 as it reduces head count in North America and Europe.
The cuts, which will include retirements and attrition, are expected to save the company about $30 million annually. Nordson also plans changes to streamline its marketing and sales organizations.
In a statement, chairman, president and CEO Ed Campbell said, "In making these changes now, we are being proactive at a time when Nordson is performing well."
SPOKANE VALLEY, WA -- Electronics manufacturing services firm Key Tronic Corp. expects to begin a new manufacturing program with Kaz Inc. that could be worth more than $25 million in annual revenue, the company said today. The program, which wasn't disclosed, should begin in December and could lead to other deals with Kaz.
Production would be conducted at Key Tronic's manufacturing facility in Juarez, Mexico.
Kaz provides consumer, healthcare, and home and garden products.
For the year ended June 28, Key Tronic reported revenue of $204.1 million.
ROUND ROCK, TX – Amid Dell Inc.’s recently announced plan to outsource computer production, speculation has risen that one or more EMS firms could soon make a play for the world’s second-largest PC maker’s facilities.
SAN JOSE – Worldwide semiconductor manufacturing equipment billings reached $7.83 billion in the second quarter, down 26% sequentially and 29% year-over-year, SEMI reported.
SMYRNA, GA – The PCB West 2008 two-day exhibition will be held Sept. 16 – 17 at the Santa Clara Marriott in Santa Clara, CA.
The exhibition features a sold-out show floor of 46 exhibiting companies for the PCB design industry. Exhibitors include Advanced Assembly, Applied Spectra, Dassault Systemes, Elgris Technologies, EMA Design Automation, Intercept Technology, IPC, JetPCB, National Instruments, Sigrity, Taconic, T-Tech, Valor Computerized Systems, X2y Attenuators, and others.
PCB West is for PCB engineers, designers, fabricators and managers and includes a five-day conference of more than 35 technical courses.
For more information, visit www.pcbwest.com.
SAN JOSE –Texas Instruments VP of emerging medical applications Doug Rasor will keynote the upcoming Medical Electronics symposium: Technology Concepts Enabling Product Reality.
His talk, How Technology will Revolutionize Healthcare in the 21st Century and Beyond, will highlight the third annual MicroElectronics Packaging and Test Engineering Council event.
The event takes place Sept. 25 at Arizona State University in Tempe.
Other sessions will include Revolutionary Concepts in Medical Electronics; Advanced Materials for Medical Electronics; Key Enabling Technologies, and Next Generation of Bio-Medical Systems.
For more information and to register, contact bcooper@meptec.org or visit www.meptec.org.
His talk, How Technology will Revolutionize Healthcare in the 21st Century and Beyond, will highlight the third annual MicroElectronics Packaging and Test Engineering Council event.
The event takes place Sept. 25 at Arizona State University in Tempe.
Other sessions will include Revolutionary Concepts in Medical Electronics; Advanced Materials for Medical Electronics; Key Enabling Technologies, and Next Generation of Bio-Medical Systems.
For more information and to register, contact bcooper@meptec.org or visit www.meptec.org.
Press Releases
- XLR8 EMS Welcomes Raul Jorge Lopez Jr. as Director of Program Management and Procurement
- Koh Young America Promotes Ramiro Mora to Lead Service and Applications in Mexico and South America
- ViTrox Americas Welcomes Huy Pham as Technical Support Engineer
- XLR8 EMS Appoints Steve Dutton as Chief Sales Officer