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MINNEAPOLIS -- Nortech Systems today reported record net sales of $20.9 million for the third quarter ended Sept. 30, 2005, up 9% over 2004. Net income was up 10% to $260,357.

Year-to-date sales are up 16%, to $60.5 million, and net income is up 30%, to $498,210.

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ST. LOUIS -- LaBarge Inc. reported net sales fell 9.2% year-over-year to $39.6 million for the quarter ended Oct. 2. Net earnings were down 13% to $2 million, due to customer delays in startup programs and rescheduled shipments.

Craig LaBarge, chief executive and president, said, "Production has now ramped up on most of the affected programs and we expect shipments to proceed without further delays."


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Richardson, TX – To help the industry company with the EU’s RoHS Directive, the SMTA is offering a one-day mini-conference on Complying with RoHS. The event, moderated by Harvey Stone of the Goodbye Chain Group, will take place December 7 at the Richardson Hotel in Richardson, TX.

 
The sessions will focus on actual experiences that companies are having when solving difficult compliance challenges.

 
For the topics and agenda, visit: smta.org/education/symposia/symposia.cfm

NEENAH, WI -- Plexus Corp. reported fourth-quarter sales rose 18% to $322.2 million and net income of $10.5 million, reversing a net loss of $37 million last year.

For the fiscal year ended Oct. 1, the EMS firm showed a net loss of $12.4 million on revenues of $1.23 billion. Last year, Plexus reported and a net loss of $31.6 million on revenues of $1.04 billion.
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SAN JOSE -- Sanmina-SCI Corp.'s fourth-quarter profit grew to $15.1 million, despite a revenue slide of 16% to $2.77 billion over last year.

The company took $18.3 million in one-time charges for the quarter.

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GREENVILLE, SC -- James P. McClintock resigned as head of business units and new business development of passives components maker Kemet Corp., effective Nov. 1.

The company did not disclose a reason in a press release issued Oct. 31.

On Oct. 26, Kemet reported a narrower quarterly loss.

McClintock is a former president and chief operating officer of the company. McClintock will receive separation pay of $320,000, a car allowance worth $6000, and health, life and disability insurance benefits for six months subject to certain terms and final agreement.



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