News
ROCHESTER, MN -- EMS firm Pemstar Inc. today
reported fiscal third-quarter
revenue from continuing operations rose to $253.9 million, compared to $171 million
last year.
For the period ended Dec. 31, net income was $1 million, up from a loss of %15.9 million a year ago.
For the period ended Dec. 31, net income was $1 million, up from a loss of %15.9 million a year ago.
SAN JOSE -- Flextronics International last night reported a lower quarterly profit and said its long-planned takeover of several Nortel manufacturing
plants would be delayed.
For the December quarter, net income fell 58% to $42 million, from a year ago, on a 2% drop in revenue to $4.19 billion.
For the December quarter, net income fell 58% to $42 million, from a year ago, on a 2% drop in revenue to $4.19 billion.
Endicott, NY—Endicott Interconnect Technologies honored eight employees for patents issued in 2005 at its third annual Patent Recognition Dinner. An additional 37 employees were honored for patent applications filed last year. A total of 30 U.S. patent applications were filed and five were issued to EI employees in 2005.
Patents were awarded to Timothy E. Antesberger, Benson Chan, Frank D. Egitto, James W. Fuller Jr., John S. Kresge, John M. Lauffer, Voya R. Markovich and Thomas R. Miller.
Patents were awarded to Timothy E. Antesberger, Benson Chan, Frank D. Egitto, James W. Fuller Jr., John S. Kresge, John M. Lauffer, Voya R. Markovich and Thomas R. Miller.
These patents directly influence the design, manufacturing and handling of PCBs and semiconductor packaging. “The technology and know-how we generate through intellectual property enables the creation of new products and improves existing processes and product offerings, helping to insure our future,” said James J. McNamara Jr., president and CEO.
MILPITAS, CA -- Solectron Corp. today named former Maxtor executive Paul J. Tufano as chief financial officer.
Tufano was named president and CEO of Maxtor in 2003. Before that he was the company's CFO from 1996 to 2003, and chief operating officer from 2001 to 2003. He spent 17 years at IBM in various financial and general management roles.
Tufano replaces interim CFO Warren Ligan.
Tufano was named president and CEO of Maxtor in 2003. Before that he was the company's CFO from 1996 to 2003, and chief operating officer from 2001 to 2003. He spent 17 years at IBM in various financial and general management roles.
Tufano replaces interim CFO Warren Ligan.
NEWARK, NY -- IEC Electronics, an EMS firm traded over the counter, reported a first-quarter net loss of $48,000 on revenue of $3.6 million.
For the quarter ended Dec. 30, earnings were down 158% from a year ago, and sales fell 42%. The company cited last minute customer changes and technical isues for the downturn.
For the quarter ended Dec. 30, earnings were down 158% from a year ago, and sales fell 42%. The company cited last minute customer changes and technical isues for the downturn.
NEW YORK -- Huntsman Corp., a major supplier of soldermasks and conformal coatings for electronics, is rumored to be the object of a buyout.
The Wall Street Journal today reported that the chemicals company, whose 2005 sales were nearly $11.5 billion, was in serious discussions to be bought out for more than $4.3 billion.
The Wall Street Journal today reported that the chemicals company, whose 2005 sales were nearly $11.5 billion, was in serious discussions to be bought out for more than $4.3 billion.
Press Releases
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- Murray Percival Company Expands Product Line with Representation of BIMOS ESD Seating in the Midwest
- Selectronic Assembly Welcomes Eliud Herrera as Production Manager
- SP Manufacturing Holds Milestone Anniversary Celebration