SALT LAKE CITY -- CirTran Corp. reported sales of $2.9 million for the three months ended March 31, up 25% over a year ago. The net loss improved 93% to $67,619. Gross profit fell 30.5% to to $758,032, the result of higher costs of sales at the company, which performs EMS services but also sells OEM products and consumables.
GLENVIEW, IL -- Illinois Tool Works reported operating revenues rose 11.5% for
the three months ended April 30, largely on translation and acquisitions, and modestly ahead of company expectations.
ITW, which owns Kester, Speedline Technologies, Vitronics-Soltec and several other electronics assembly suppliers, said its Power Systems and Electronics: group was up 8.9% year-over-year.
The company guided for overall second-quarter revenue growth of 9 to 12%, and full-year revenue growth range of 8 to 12%.
COLORADO SPRINGS, CO – Photo Stencil has named Dr. James F.
Reilly, II, vice president of research and development, a new position. He will direct research in support of the company’s product roadmap and technology
plans as liaison to customers and business
partners, and will spearhead independent projects designed to develop new products and
technologies for the printing process.
Dr.
Reilly is a veteran of the US Navy and NASA, and flew Space
Shuttle missions in 1998, 2001 and 2007, where he performed five spacewalks totaling over 30 hours. Following the Columbia
accident, he was involved with development and testing of repair materials and
techniques for the Shuttle’s thermal protection system.
A
materials expert, Reilly has a Ph.D. in geosciences from the
University of Texas at Dallas, and is a former chief geologist at Enserch Exploration, where he was involved in the application of new imaging
technology for industrial applications in deep water engineering projects and
geological research.
Dr.
Reilly joins vice president of
technology Dr. William E. Coleman on Photo Stencil’s product development team.
TOKYO – Japan produced 1.67 million yen worth of electronics in February, up 0.5% over last year, the Japan Electronics Industries Technologies Association reported. March exports were down 13.3% to 1.18 million yen, and are down 9% for the year. Components were down 14.6%, while consumer electronics were up 2%. Components make up more than 70% of the value of Japan’s electronics exports.
Japan imported 702,714 million yen worth of electronics products in February, the latest month for which data are available, down 5.3% from 2007. Consumer electronics imports were up 107%, but industrial electronics, computers and components were down 9.4%, 8.5% and 10%, respectively.
For the year, Japan has imported 1.49 million yen worth of electronics, down 2.6%. Overall production is up 1.1%.
JEITA is one of Japan’s largest electronic associations, with 525 member companies.