News
LOS ALTOS, CA -- Rising oil prices are dampening the world economy, with Europe and
Japan feeling the brunt worse than the U.S. and China. The result: A
significant economic slowdown next year.
SAN FRANCISCO -- A just-released poll of chief information
officers predicts IT budgets will grow 9% over the next 12 months, up 2
points over August. Storage beat security software as the top
spending priority.
Nearly half -- 48.4% -- of the respondents plan to increase spending on computer hardware, up from 42.3% in August. Positive sentiment at companies under 100 employees is at record levels.
Nearly half -- 48.4% -- of the respondents plan to increase spending on computer hardware, up from 42.3% in August. Positive sentiment at companies under 100 employees is at record levels.
STOCKHOLM – Mydata Automation will unveil
next month what it is calling the first stencil-free printer. Seven years in the making, the MY500 jet
printer will debut at Productronica in Munich next month.
TORONTO - Nortel Networks Corp. today said its manufacturing plant in Monkstown, Northern Ireland, would no longer be included in the sale of several of its factories to Flextronics. Instead, Nortel, will use the plant as its regional supply-chain
center for operations in Europe, the Middle East
and Africa.
KENOSHA, WI — Promation, a company
specializing in PCB handling equipment, selective robotic soldering,
laser mark and technical workstations, has secured a sales relationship
with Kintner Equipment Corp. (Endicott, NY) to serve customers in upstate New York and western Pennsylvania.
Gary Goldberg, president of Promation, said, “Kintner Equipment is a premiere capital equipment sales organization with many years of experience in both SMT and back-end manufacturing operations. Promation is delighted to have secured this business relationship.”
Gary Goldberg, president of Promation, said, “Kintner Equipment is a premiere capital equipment sales organization with many years of experience in both SMT and back-end manufacturing operations. Promation is delighted to have secured this business relationship.”
NEW YORK -- Former Tyco International CEO L. Dennis Kozlowski
and CFO Mark Swartz were sentenced on Monday to up to 25 years in prison and
fined a collective $239 million for looting the company of
hundreds of millions of dollars.
The men were taken immediately into custody.
Kozlowski, 58, and Swartz, 44, will be eligible for parole after about eight years.
Kozlowski, 58, and Swartz, 44, will be eligible for parole after about eight years.
Press Releases
- Altus Partners with Sellectronics to Enhance Manufacturing Capabilities with PVA Delta 8 System
- ITW EAE Celebrates Major Milestone in Domestic Manufacturing Expansion
- Micro Technology Services Selects PBT Works CompaCLEAN III for Advanced PCB Cleaning Performance
- Indium Corp. is Electrifying the Future with Advanced Materials Solutions at Productronica