News
ST. PETERSBURG, FL -- Jabil Circuit Inc. yesterday reported
net earnings rose 59% on a 25% jump in sales for its fiscal fourth
quarter. Jabil, a top-tier electronics manufacturing services provider,
said net income was $70.5
million, in the August quarter, and revenue was $2.04 billion.
Proprietary technology from Interface Sciences Corp. uses
dense molecular arrangement on the nanoscale in addition to the use of
unconventional molecules.
Dr. Damon Brink, ISC's chief science and
technology officer said, the concept "leads to a
stronger, more reliable product at a fraction of the cost, while
enabling low-cost resin and material systems to be used in
high-performance boards assembled with lead-free solder."
The firm said the solution mediates problems stemming from the use of lead-free solders.
Interface Sciences is an
early-stage nanotechnology commercialization company holding platform
technologies that were developed by a major government laboratory. The
company's emphasis is on materials and surface innovation at the
nanoscale.
According to local press reports, Abit will use the proceeds to retire debt.
David Dominik, managing director of Golden Gate, said in a statement. “SED is well-positioned for growth as a market leader in mask metrology, optical defect review, and direct-write E-beam lithography.” In 2004, the division's revenues were approximately $120 million.
Leica Microsystems SED will continue to be led by the current management team, with manufacturing operations in Germany and the U.K. The company will be called Leica Microsystems SED for a short transition period until a new name has been established.
The acquisition represents the second semiconductor investment for Golden Gate in 2005. In April, the investor group acquired TDK Semiconductor, now named Teridian Semiconductor.
Leica Microsystems makes quality control and defect analysis solutions and E-beam lithography systems for the semiconductor industry.
Leica Microsystems AG is a subsidiary of Danaher Corp.
In a statement, IPC environmental policy director Fern Abrams said, “IPC certainly appreciates EPA’s efforts, but we’re a bit disheartened that the EPA’s proposals will not provide the manufacturing sector with burden reductions of any significance."
Recent TRI Burden Reduction Initiatives announced by the EPA include a proposed rule that would increase the number of TRI reporters eligible to use the short TRI Form A.
Abrams said the move would have little benefit for most facilities. "While the EPA proposes allowing facilities reporting lead and other persistent, bioaccumulative and toxic (PBT) chemicals to use the shorter Form A, it only applies if they are reporting zero releases," Abrams said. "When combined with the agency’s failure to address enforcement concerns for facilities using Form A, it is likely that very few facilities will utilize this burden reduction option.”
EPA also plans to notify Congress of its intentions to change the TRI Reporting requirement from annual reporting to alternate-year reporting, thus providing some relief to a select number of TRI reporters, IPC said.
Abrams said such a move would be "win-win for all involved" as it would cut the reporting burden in half across the board.
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