News
MANKATO, MN -- Winland Electronics reported fourth-quarter net sales fell 18.8% to $7.5 million versus last year on lower demand from its top customer. Net income fell 86% to $7,000.
TAIPEI -- Microsoft and H-P will establish a joint technology center in Taiwan, focused on investing in
advanced software, hardware and improving technical support to
its Taiwan partners. About 80% of the world's PCs are built in Taiwan.
FRANKFURT -- Siemens AG plans to divest its Electronic Assembly Systems unit by the end of September, the company said today. The unit employs about 2,100 workers and had reported sales in the "medium three-digit million euros range," a German newspaper reported.
ST. LOUIS -- LaBarge Inc. today raised its earnings guidance, announcing
that it expects financial results for its fiscal third quarter will
significantly top those of the last quarter and last year.
STRATHAM, NH – ITW has acquired Vitronics-Soltec from
Francisco Partners for an undisclosed sum. The deal creates the world’s largest
supplier, in revenues, of wave soldering equipment.
ITW plans to let the two units operate independent of each
other, although there is speculation that arrangement won't last for long.
SAN JOSE – North American-based manufacturers of semiconductor equipment posted a 90-day average of $1.23 billion in orders in February, up 8% from the revised January figure and down 12% year-over-year.
Press Releases
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- PDR Appoints Bob Pearson of PAC-Global Texas to Central Texas Region
- Avalon Technologies Expands PCB Assembly And Design Services To Meet Growing Demand In The Electronics Industry
- KYZEN to Promote Pair of Stencil Cleaning Chemistries at SMTA Chihuahua Expo & Tech Forum