MARION, IA – Timberline Manufacturing plans to double its production space here and add 56 employees within the next three years to add to its current staff of 165. The company expects to spend $12.8 million on the project.
SAN JOSE – Flex will lay off more than 50 workers at its plant here due to what it calls the “present state” of business.
ST. PETERSBURG, FL – Jabil reported fiscal second quarter net revenue of $5.3 billion, an increase of 19.1% year-over-year.
ELK GROVE VILLAGE, IL – SigmaTron International reported fiscal third quarter revenue of $65.7 million, up 5.6% year-over-year.
BENGALURU, INDIA – Wistron plans to invest some $106.4 million to acquire additional land near here, according to published reports.
CRAMLINGTON, NORTHUMBERLAND, UK -- Hindley Circuits has acquired Magnum Electronics for an undisclosed sum.