News
MANKATO, MN -- EMS firm Winland Electronics has formally promoted Thomas de Petra to chief executive and president.
He had been interim CEO and president since
the retirement of longtime CEO Lorin Krueger last January. de Petra has also been Winland's chairman since 2006 and a director since
1994.
KYOTO, JAPAN - The Omron Group reported fiscal 2007 net sales of 763 million yen, up 5.4% over last year. Net income rose 10.7% to 42.4 million yen.
Sales were boosted by the weaker yen and business acquisitions.
Operating income rose 5.2% to 65.3 million yen. EBITA from continuing operations fel 0.2% to 64.1 million yen.
Omron makes factory automation equipment and electronics and automotive components.
Sales were boosted by the weaker yen and business acquisitions.
Operating income rose 5.2% to 65.3 million yen. EBITA from continuing operations fel 0.2% to 64.1 million yen.
Omron makes factory automation equipment and electronics and automotive components.
BREDA, HOLLAND – Cobar Europe BV, member of the Balver Zinn Group and supplier of solder pastes, fluxes, and other electronics soldering materials, has acquired a global license to distribute solder pastes and wire using the SN100C alloy developed by Nihon Superior Co. Ltd.
The license permits Cobar Europe and Cobar Solder Products to sell SN100C solder paste and wire in specific territories allocated by Nihon Superior.
No financial terms were disclosed.
SN100C is a patented nickel stabilized tin/copper alloy that is based on the eutectic 99.3% tin 0.7% copper with a trace amount of nickel.
SIEVI, FINLAND – EMS provider Scanfil reported first-quarter profits rose
16% from a year ago to 3.6 million euros despite a 4% drop in sales to 50
million euros. Operating profit rose 31% to 4.7 million euros.
BANNOCKBURN, IL – March PCB shipments among North American fabricators rose 9.5% year-over-year, while bookings jumped 11.2%. Rigid shipments were up 9.5%, and flex shipments were up 9.7%, said IPC.
GREENVILLE, SC – Component maker Kemet Corp. reported its executive vice president and chief financial officer David Gable is resigning.
Gable leaves the company to pursue other avenues, Kemet said.
The company announced a restructuring plan in January that will dissolve 120 jobs in the U.S. and 250 jobs in Mexico, with some work moving to China. The company said the job cuts would save about $16 million annually, with a one-time cost of about $7 million.
Gable will remain with the company during the search for a successor.
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