News
LOUISVILLE, KY – Manufacturer and outsourcing specialist Sypris Solutions Inc. reported revenue of $106.3 million for the first quarter, down about 4.6% year-over-year.
The company reported net income of $400,000, compared to a net loss of $200,000 in the prior year period.
“Revenue was at the high end of our expectations due to stronger than anticipated sales from our industrial group. Top line performance for our electronics group bettered last year’s quarter by 13% on improved revenue from our products and manufacturing services,” said Jeffrey T. Gill, president and CEO of Sypris.
“Orders for our electronics group increased 7% compared to the prior year period, driven by a 13% year-over-year increase in bookings in our aerospace and defense segment.”
Revenue for the company’s electronics group was $36.4 million.
PHOENIX – Electronics distributor Avnet Inc. reported revenue for the fiscal third quarter was $4.42 billion, up 13.3% compared to the same period last year.
Net income was $107.2 million, up 1.9% year-over-year.
ANGLETON, TX – Contract manufacturer Benchmark Electronics Inc. reported first-quarter net income of $22.6 million, down about 8% year-over-year.
SANTA CLARA, CA – EMS provider Hunter Technology has opened an additional design center in San Diego.
Opening the center will aid the company’s plan to provide PCB design and engineering services nationally through its subsidiary CADParts & Consulting, Hunter says.
Hunter plans to add additional service centers around the U.S. during the next few months.
Present locations include Northern and Southern California, New Jersey, Colorado, Tennessee and Pennsylvania.
Design services are available for CAD platforms of tools that include Altium, Cadence, Mentor and Zuken. Engineering services have been added, including original design, cost reduction engineering and mechanical design services.
Opening the center will aid the company’s plan to provide PCB design and engineering services nationally through its subsidiary CADParts & Consulting, Hunter says.
Hunter plans to add additional service centers around the U.S. during the next few months.
Present locations include Northern and Southern California, New Jersey, Colorado, Tennessee and Pennsylvania.
Design services are available for CAD platforms of tools that include Altium, Cadence, Mentor and Zuken. Engineering services have been added, including original design, cost reduction engineering and mechanical design services.
NEWARK, NY – IEC Electronics Corp. received a $4.7 million order from one of its military and defense customers.
The customer, which the EMS company declined to name, may increase the award by an additional $3 million or more based on end-market demand.
Deliveries will commence toward the end of IEC’s fourth quarter, ending Sept. 30, and will continue throughout the first half of calendar year 2009.
The customer, which the EMS company declined to name, may increase the award by an additional $3 million or more based on end-market demand.
Deliveries will commence toward the end of IEC’s fourth quarter, ending Sept. 30, and will continue throughout the first half of calendar year 2009.
HERNDON, VA – The International Electronics Manufacturing Initiative has scheduled a workshop in Leuven, Belgium, to review work on its 2009 roadmap.
The all-day workshop will be held June 18 at IMEC. This workshop is one of three regional meetings; other workshops are scheduled in North America (May 14) and Asia (July 28).
A review of drafts of select roadmap chapters will give participants the opportunity to discuss key product sectors and technology and infrastructure areas, and to provide input to the roadmap.
Chapters to be covered include medical product sector; portable/consumer product sector; environmentally conscious electronics; solid-state illumination and photovoltaics; organic and printed electronics; board assembly; final assembly; interconnect substrates: organic and ceramic, and packaging.
The workshop fee of $300 is waived for iNEMI members and workshop speakers.
The registration deadline for the European workshop is June 12.
For more information, visit
http://www.inemi.org/cms/calendar/2009_RM_Euro08.html.
The all-day workshop will be held June 18 at IMEC. This workshop is one of three regional meetings; other workshops are scheduled in North America (May 14) and Asia (July 28).
A review of drafts of select roadmap chapters will give participants the opportunity to discuss key product sectors and technology and infrastructure areas, and to provide input to the roadmap.
Chapters to be covered include medical product sector; portable/consumer product sector; environmentally conscious electronics; solid-state illumination and photovoltaics; organic and printed electronics; board assembly; final assembly; interconnect substrates: organic and ceramic, and packaging.
The workshop fee of $300 is waived for iNEMI members and workshop speakers.
The registration deadline for the European workshop is June 12.
For more information, visit
http://www.inemi.org/cms/calendar/2009_RM_Euro08.html.
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