News
SURREY, ENGLAND – TT Electronics said sales from continuing operations in the first nine months of 2010 grew 29% to $679.6 million.
The firm, which supplies components and electronics manufacturing services, expects higher volumes to continue through the end of the calendar year.
The company said improved business conditions continued in the quarter with good growth in most of its markets, including the automotive markets in Europe and Asia.
TT Electronics swung to a first-half profit in August.
TORONTO – Celestica Inc. reported third-quarter revenue of $1.55 billion, nearly flat with the same period of 2009.
GAAP net earnings were $35.4 million, compared to a GAAP net loss of $600,000 for the third quarter of 2009.
BANNOCKBURN, IL – The global EMS industry is returning to double-digit growth, says IPC.
NEENAH, WI – Plexus Corp. reported fourth-quarter revenue was $556 million, up 41% from a year ago and 3.6% sequentially on broad-based demand.
SINGAPORE – Flextronics International Ltd. reported GAAP net income of $144 million for the second quarter, up a staggering 620% year-over-year.
RENO, NV – Dr. Jeremy Smallwood, managing director of Electrostatic Solutions, received the Industry Pioneer Recognition Award at the EOS/ESD Symposium here.
The plaque recognized Dr. Smallwood’s “unselfish devotion to advancing the awareness of EOS/ESD throughout the world and for the significant contributions” he has made to the ESD Association.
David Swenson, past president and a director of the association, presented the award.
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