News
WASHINGTON, DC – The AeA (formerly the American Electronics Association) named Christopher W. Hansen to succeed William T. Archey as president and chief executive.
Hansen was the group executive officer for the American Association for Retired Persons, at which he managed 53 offices and 675 staff located in Washington and throughout the country.
Archey will remain on board until February to aid the transition.
Hansen was the group executive officer for the American Association for Retired Persons, at which he managed 53 offices and 675 staff located in Washington and throughout the country.
Archey will remain on board until February to aid the transition.
BEIJING – China's recent labor laws might actually prove a boon to larger companies such as Foxconn and Yue Yuen Industrial Holdings, analysts say.
SHENZHEN – Foxconn, Huawei, ZTE and more than 300 other companies have formed a local electronics manufacturing alliance, offering preferential policies for its members. It is unclear whether the preferences run afoul of WTO or other trade laws.
CHICAGO – Methode Electronics will slash 700 jobs from its U.S. automotive operations to help the components maker compete, the company said today. The moves are expected to be completed by year-end.
In a press release, the firm said only limited production and support staff would remain at its automotive operations facilities in Carthage and Golden, IL. Production of legacy connectors at its Rolling Meadows, IL, factory would be cut as well.
"As a result of fewer programs remaining for these plants and anticipated continued reduction in customer production volumes, Methode is taking this action to transfer the remaining programs from its U.S. facilities," the company said.
Methode makes a range of connector products, including thick film hybrids and flex circuits. It also owns Trace Laboratories.
SAN JOSE – Sanmina-SCI reported first-quarter revenue of $2.53 billion, up a slight 0.8% sequentially and down almost 9% year-over-year. The results were inline with company guidance.
ELKHART, IN – CTS Corp. will acquire privately held Tusonix Inc. for $12.25 million cash. The deal is expected to close by the end of January. No other terms were disclosed.
Tusonix designs and manufactures ceramic EMI/RFI filters, capacitor assemblies and related components, serving the military, industrial, instrumentation and telecom markets. The company operates from facilities in Tucson, AZ and Nogales, Mexico.
First year sales are estimated at approximately $15 million. The worldwide market for the acquired products is estimated to exceed $100 million.
CTS provides EMS services and builds automotive components.
Press Releases
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- Nordson Electronics Solutions Completes its Europe Location Move to a New, State-of-the-Art Facility
- Ascentron Upgrades Entire Hand Soldering Line to Ersa i-CON 1 MK2