News
BEAVERTON, OR -- Pentagon EMS, a supplier of tooling and fixtures for electronics assembly, has acquired nearby Proco Manufacturing. Terms were not disclosed.
TEMPE, AZ -- The nation's top indicator of purchasing activity rose 2.7 points in May to its highest level in eight months as the manufacturing sector slowly emerges from the recession bottom.
LOS ALTOS, CA -- First-quarter medical electronics revenues fell 2.6%, but an economic recovery along with federal stimulus should bring US equipment production growth to 9.7% in 2011.
MILTON, NY -- Sono-Tek reported annual sales for the year ended Feb. 28 rose 12.5% year-over-year to $6.4 million. The net loss was $1.5 million, down from net income of $11,205 a year ago.
SAN JOSE – The 90-day moving average sales of semiconductors rose to $15.6 billion worldwide in April, down 25% year-over-year but up 6.4% sequentially.
ELKHART, IN – EMS provider CTS Corp. said it would establish a liaison office near New Delhi to engage in business development activities to support India’s growing automotive and electronics industries.
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