News
TORONTO – Celestica Inc. announced fourth-quarter revenue fell 27% from last year to $1.94 billion. The GAAP net loss was $822.2 million, down from a GAAP net loss of $11.7 million last year, largely on goodwill writeoffs of $850.5 million.
ST. PETERSBURG, FL -- Jabil will sharply reduce its manufacturing capacity around the world and lay off up to 3,000 workers, the company said. Jabil will take estimated charges of $65 million in pre-tax
restructuring and impairments costs during fiscal 2009 and 2010.
The moves will affect about 10 facilities, which Jabil did not specify. The company said 10% of the headcount reductions will take place in the US.
Jabil said the restructuring should save the firm $55 million annually.
Jabil currently employs 85,000 workers worldwide.
The moves will affect about 10 facilities, which Jabil did not specify. The company said 10% of the headcount reductions will take place in the US.
Jabil said the restructuring should save the firm $55 million annually.
Jabil currently employs 85,000 workers worldwide.
SAN JOSE -- Flextronics, the world's second largest EMS company, reported fiscal third quarter net sales of $8.2 billion, down 9.9% year-over-year.
NEENAH, WI -- Plexus Corp. reported first-quarter revenue of $456 million, at the low end of company guidance and flat with last year. Revenues declined 4% sequentially. Net income for the quarter ended Jan. 3 was $17 million, down 59%.
ARDEN HILLS, MN – Celestica Inc. will shutter its electronics manufacturing plant later this year, a move that will cost 590 workers their jobs.
The cuts will begin in April and continue through November, affecting 440 employees and 150 contract workers.
The cuts will begin in April and continue through November, affecting 440 employees and 150 contract workers.
EL PASO, TX – Susan Mucha of Powell-Mucha Consulting Inc. will present on ways EMS companies can find and grow accounts in today’s volatile economy, as part an upcoming IPC-sponsored curriculum aimed at EMS program managers and executives.
The tutorial will be held April 2, as part of the IPC EMS Program Management Training & Certification program during the Apex trade show.
Topics to be covered include assessing business models and developing a value proposition suitable for a target market; stretching marketing dollars while increasing industry visibility; shortening the sales cycle through more effective use of sales and marketing resources; integrating the program team into the selling process; developing the most competitive value proposition through better understanding of the selection team, and developing long-term business growth plans.
This tutorial pulls from principles outlined in Mucha’s book, Find It, Book It, Grow It. – A Robust Guide to Account Acquisition in Electronics Manufacturing Services.
For more information, visit http://www.ipcapexexpo.org/html/main/programs-for-executives.htm.
The tutorial will be held April 2, as part of the IPC EMS Program Management Training & Certification program during the Apex trade show.
Topics to be covered include assessing business models and developing a value proposition suitable for a target market; stretching marketing dollars while increasing industry visibility; shortening the sales cycle through more effective use of sales and marketing resources; integrating the program team into the selling process; developing the most competitive value proposition through better understanding of the selection team, and developing long-term business growth plans.
This tutorial pulls from principles outlined in Mucha’s book, Find It, Book It, Grow It. – A Robust Guide to Account Acquisition in Electronics Manufacturing Services.
For more information, visit http://www.ipcapexexpo.org/html/main/programs-for-executives.htm.
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