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GLENVIEW, IL -- Illinois Tool Works, parent company of KEster Solder, Speedline and several other electronics manufacturers and suppliers, today reported revenues rose 15% for the quarter ended May 31. Operating revenues grew 10% including acquisitions, but just 1% from base revenues. Read more ...
ELKHART, IN -- CTS Corp. today promoted CFO Vinod M. Khilnani to president and chief executive, succeeding current chairman and CEO Donald K. Schwanz.

The move is effective July 2. Schwanz had previously announced his intent to retire during 2007.
Read more ...
MANASSAS, VADiversiTech will be the new sales representative for Zestron America in southern California and Nevada.

DiversiTech will promote Zestron’s product and service line for PCB defluxing, stencil and maintenance cleaning applications.

DiversiTech attended a two-day technical training at Zestron’s Manassas, VA, facility.
EL SEGUNDO, CA – Global LCD TV shipments declined to 14 million units in the first quarter, down 8% sequentially.
 
Amid weak seasonal conditions for LCD TVs, Philips Electronics posted the worst performance among the world’s top five brands, with a 26% slide in sales, dropping it one spot to third in the market, according to iSuppli Corp.
  Read more ...
ARLINGTON, VA – “Congress can do right by the environment, consumers and the electronics industry by adopting a national recycling plan," said EIA interim president and CEO Matt Flanigan.

Governors Rick Perry (R-TX) and M. Jodi Rell (R-CT) are expected to sign electronics recycling laws for their respective states. Manufacturers will then face eight unique sets of requirements – twice as many as there were a year ago. A number of other states and New York City are considering laws of their own, the EIA reported.

A patchwork of electronics recycling laws is emerging from state capitals across the country, presenting manufacturers with a major challenge and Congress with a golden opportunity, the association continued.

"This is an issue crying out for a national solution," said Flanigan. "These laws vary dramatically from state to state, picking winners and losers among electronics manufacturers and retailers. If 50 legislatures rewrite business models state by state, consumers could see higher costs and fewer choices – all without any commensurate environmental benefit.”

Recently, EIA released a consensus framework that paves the way for federal legislation to establish a national recycling program for household TVs and IT products such as computers and monitors. The proposal represents the first consensus agreement among IT and TV manufacturers on meeting the nation's electronics recycling challenge, said EIA.

The framework calls for a bifurcated financing approach, separating TVs from computer equipment to reflect their divergent business models, market composition and consumer base.
 
ATLANTA – There is still time to register for Streamlining PCB Documentation for Successful Manufacturing, a free one-hour Webinar.
 
Presented by DownStream Technologies and UP Media Group, Circuits Assembly’s parent company, the Webinar will take place June 20 at 2 pm EDT.
 
The online event will focus on how BluePrint-PCB can change the way you create PCB documentation by using intelligent design data to automate the PCB documentation process. The event will include a live software demonstration.
 
Learn more at:
 
Register at:

 
 

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