News
SAN JOSE -- Sanmina-SCI president and chief operating officer Joe Bronson, the man many credit for returning the company to profitability, is leaving the electronics manufacturing services firm, the company said Wednesday night.
SAN JOSE – Sanmina-SCI reported fiscal fourth-quarter sales from continuing operations dropped 2.8% from last year to $1.7 billion. GAAP net income was $22,000, compared to a net loss of $1.1 billion a year ago, including a $1 billion writeoff for goodwill.
ST. LOUIS -- LaBarge Inc. is reporting fiscal 2009 first-quarter net sales grew 15% year-over-year to $68.2 million, and net earnings climbed 46% to $3.7 million.
MUNICH – Seica SpA has opened a customer demo and support center in Munich, outfitted with the company's line of automated test and soldering equipment.
Customers can use the ATE equipment for benchmarks and evaluation purposes. Also offered is machine and software training.
Customers can use the ATE equipment for benchmarks and evaluation purposes. Also offered is machine and software training.
The center is equipped with a Firefly selective soldering system, a Pilot flying probe tester, and a Strategy ICT/functional tester.
VANCOUVER, WA – Stilwell Baker's new 3,000 sq. ft. design center in Vancouver will be the firm’s core location for design for manufacturing and component engineering, the company said this week.
The facility incorporates state-of-the-art workstations in a secure network environment with an emphasis on responsiveness and integrated communications.
The facility incorporates state-of-the-art workstations in a secure network environment with an emphasis on responsiveness and integrated communications.
GOTEBORG, SWEDEN – Production logistics supplier FlexLink reported third-quarter sales were $54 million for the quarter, up 9% compared to the same period in 2007, while earnings were $5 million, with an EBITA margin of 9%.
Orders for the quarter rose 16% year-over-year to $51 million. Orders for the first nine months were $179 million, up 24% year-over-year, the firm’s highest ever for comparable periods.
Orders for the quarter rose 16% year-over-year to $51 million. Orders for the first nine months were $179 million, up 24% year-over-year, the firm’s highest ever for comparable periods.
Sales for the first nine months were $159 million, up 14% compared to last year, and earnings were $14 million, with an EBITA margin of 9%.
