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CLEARWATER, FL -- Bulova Technologies Group intends to divest two of its wholly-owned subsidiaries, BT Manufacturing and BulovaTech Labs, to concentrate on its core defense business.

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GOTEBORG, SWEDENFlexLink reported net sales for the first quarter were $42 million, up 22% compared to previous year.

Orders were $48 million, up 39% year-over-year. Net earnings were $3 million, flat with last year.

The company said it received significant orders from the electronics industry, and a positive trend is expected to continue throughout 2010.

MANKATO, MN – EMS firm Winland Electronics Inc. reported net sales of $4.5 million for the first quarter, down 36.5% year-over-year.

The company reported a net loss of $539,000, versus a net loss of $125,000 in the comparable quarter in 2009.

The company recorded an operating loss for the quarter of $525,000, compared to an operating loss of $65,000 in the same period last year.

EMS sales for the quarter totaled $3.7 million, down 42.4 % year-over-year. The decline in sales is attributed to the completion of a large design engineering project with no similar offsetting project; the transition of Select Comfort from Winland, and the decline in sales from the firm’s top three customers.

The segment reported an operating loss of $46,000 in the quarter, compared to an operating profit of $652,000 in the same period of 2009.

ANGLETON, TX -- Benchmark Electronics reported $572 million in sales for the March quarter, up 15% increase from last year.

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ST. LOUIS -- Top 40 EMS provider LaBarge reported fiscal third-quarter net sales of $74.7 million, up 3.5% from last year, on strength in the industrial and natural resources sectors.

 

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ELKHART, INCTS Corp. today announced its first-quarter EMS segment sales decreased $19.9 million, or 26%, from the same period last year.
EMS sales were down $12.5 million, or 18%, sequentially.

Overall revenues were $129.4 million, up 10% year-over-year. Net earnings were $4.4 million, compared to a net loss of $35.6 million in the first quarter of 2009.

The company’s Components and Sensors segment sales increased 74%, or $31.1 million, from last year, reflecting strong growth in global light vehicle production, particularly in North America, and higher market share, says the firm. Sales increased $8 million, or 12%, sequentially.

Sales of electronic component products increased 37% year-over-year. As a result, Components and Sensors segment sales, as a percent of total company sales, increased to 57% from 36% in the first quarter of 2009.

First-quarter sales of sensor and actuator products more than doubled from the same period last year, with increases across all product lines.

Management anticipates full-year 2010 sales to increase 12% to 20% over 2009, compared to the previous guidance of a 10% to 15% increase year-over-year.

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