VANCOUVER -- Pacific Insight Electronics reported fiscal third quarter revenues of C$35 million, up 53% from a year earlier.

FRIEDBERG, GERMANY -- Fuji Machine Manufacturing has taken a 34% stake in Tower-Factory GmbH, a manufacturer of component storage equipment.

An announcement regarding the investment indicated Tower's storage equipment is already integrated into Fuji’s material handling lines. The deal is intended to prepare the companies for future manufacturing solutions such as Industry 4.0 and IIC.

Financial terms were not disclosed.

TEMPE, AZ -- Amtech, the parent company of reflow equipment maker BTU, reported net revenues of $22.5 million in the March quarter, down 7.4% from a year ago and up 1.8% sequentially.

CORONA, CA -- Several leading equipment OEMs are teaming to sponsor a pair of workshops on electronics reliability in California next month.