News
SINGAPORE -- Flextronics has completed the acquisition of the design and services groups of Arima Computer's notebook and server businesses.
The EMS company's two-phase plan next calls for the April acquisition of Arima's notebook and server manufacturing facility in WuJiang, China.
The EMS company's two-phase plan next calls for the April acquisition of Arima's notebook and server manufacturing facility in WuJiang, China.
EINDHOVEN, NETHERLANDS – Assembléon B.V. and Valor Computerized Systems have established a partnership under which Assembléon’s pick-and-place machine interfaces will be integrated into Valor’s software.
Enhanced machine interfaces are available for Valor’s vPlan on Assembléon’s A-Series, M-Series and X-Series machines. Now, vPlan provides an API to generate manufacturing process definitions for Assembléon machines.
Enhanced machine interfaces are available for Valor’s vPlan on Assembléon’s A-Series, M-Series and X-Series machines. Now, vPlan provides an API to generate manufacturing process definitions for Assembléon machines.
SCHAUMBURG, IL -- Misumi USA will conduct a series of configuration technical seminars in Texas next month. The four-hour seminars are on designing machines faster with configurable components and are designed to help engineers overcome time and performance pressures typically
associated with custom machine builds.
The series takes place April 1, at the Hilton Houston Southwest; April 2, at the
Hilton Austin Airport; and April 3, at the Hilton Arlington.
To register visit www.misumiusa.com/techseminars.aspx.
CHARLOTTE, NC – The North Carolina Economic Investment Committee voted today to award a Job Development Investment Grant to Tessera Technologies.
The grant will support Tessera’s consumer optics plans, enabling the company to add 185 jobs and invest approximately $30 million in its Charlotte-based wafer-level optics facilities during the next five years, the company said in a press statement.
The grant calls for the state to provide funds equal to 65% of the state personal income withholding taxes derived from the creation of new jobs, provided Tessera meets set performance targets. Should the company create the jobs called for under the agreement and sustain them for nine years, the agreement could yield as much as $2.64 million in benefits.
The grant will support Tessera’s consumer optics plans, enabling the company to add 185 jobs and invest approximately $30 million in its Charlotte-based wafer-level optics facilities during the next five years, the company said in a press statement.
The grant calls for the state to provide funds equal to 65% of the state personal income withholding taxes derived from the creation of new jobs, provided Tessera meets set performance targets. Should the company create the jobs called for under the agreement and sustain them for nine years, the agreement could yield as much as $2.64 million in benefits.
LONDON -- EMS provider TT Electronics reported earnings rose 7% last year on a 1% hike in sales for the year ended Dec. 31.
Pre-tax profits from continuing operations were up 6.7% to £33.3 million, before one-time profits in 2006. Sales hit £544.9 million.
The company cautioned for the 2008 outlook. “While current trading is expected to remain overall similar to 2007, the further reorganization of operations, difficulties in the credit markets and concerns as to the effect on the global economy causes the board to take a cautious view for the current year,” said executive chairman John Newman.
During the year, TT's pension fund deficit was reduced to £17.4 million from £72.6 million a year ago.
Pre-tax profits from continuing operations were up 6.7% to £33.3 million, before one-time profits in 2006. Sales hit £544.9 million.
The company cautioned for the 2008 outlook. “While current trading is expected to remain overall similar to 2007, the further reorganization of operations, difficulties in the credit markets and concerns as to the effect on the global economy causes the board to take a cautious view for the current year,” said executive chairman John Newman.
During the year, TT's pension fund deficit was reduced to £17.4 million from £72.6 million a year ago.
SIOUX FALLS, SD – Raven Industries reported fourth-quarter sales and earnings rose 14% and 3%, respectively, for the period ended Jan. 31.
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