NEWARK, NY – EMS provider IEC Electronics Corp. reported fourth-quarter revenue of approximately $16 million, up 40% year-over-year.
  

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SAN JOSE – Cisco Systems named ISU Petasys Supplier of the Year for excellence across all operational areas in the supply chain: technology, quality, delivery, cost, fulfillment and responsiveness. The printed circuit board fabricator was also nominated for the award in 2007.
 
ISU is one of Cisco's four main PWB suppliers. 
 
“ISU has consistently exceeded expectations by demonstrating superior responsiveness and flexibility in all areas of our partnership,” said Gina Balunas, Cisco director of global supply management, in a press release. “The result is an enhanced experience for Cisco customers and a mutually beneficial supplier and partner relationship.”
 
"It is very meaningful that we were recognized by Cisco, the world's leading communications equipment provider," said Sang Kim, chairman, ISU Petasys. "Our ability to cohesively manage a great collection of quality and technology, including competitiveness in performance, was proven by this award. Our goal is to become a world-class company. This award is a platform to be the number one PCB manufacturer worldwide in quality, technology and service."

TAIPEI -- Asustek Computer will postpone the planned hirings of some 1,500 workers in response to the slowing economy, according to published reports.

In today's newsletter, DigiTimes reports Asustek has instituted "a high standard to inspect its human resource demands in each department." The company, DigiTimes said, "will continue on schedule with its personnel plan for next year, so it does not really consider itself as having a hiring freeze."

Asustek is one of the world's largest PC manufacturers and its ODM revenues rank it third in the world.

VANDALIA, OH -- Manufactured Assemblies Corp., a provider of EMS and other products and services, will build a 40,000 sq. ft. office and production facility here, with the planned opening early next year.

MAC, which has operations in Dayton, OH, and suburban Atlanta, has 55 employees. The company plans to hire up to 25 more over the next three years, according to reports.

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