NAKLO, SLOVENIA -- LPFK has bought out the remaining outstanding shares at its subsidiary in Slovenia. The subsidiary, LPKF Laser & Elektronika d.o.o., has made a major contribution to the group’s profitable growth for many years, the company said in a statement.
What news stories were CIRCUITS ASSEMBLY readers most interested in in 2013? Judging by hit counts, the SMTA-IPC colocation of their fall events was the leading story of the year.
MINNEAPOLIS -- CyberOptics announced that Kathleen Iverson will retire as president and CEO effective Jan. 31, as part of a planned transition. Executive chairman Subodh Kulkarni will assume Iverson’s duties after that time until a permanent CEO is appointed.
SON, THE NETHERLANDS – Neways Electronics has reached agreement with a German labor board to lay off 120 workers at its defunct subsidiary in Kassel, Germany.
TORONTO -- SMTC has named Sushil Dhiman president and chief executive, effective Jan. 6. He supersedes interim president and CEO Larry Silber, who was named to the post in May following the departure of co-CEOs Alex Walker and Claude Germain.
MILWAUKEE — Sixty-five percent of manufacturers experienced revenue growth in 2013 but nearly half still consider the economy the biggest challenge, according to results of the ASQ 2014 Manufacturing Outlook Survey. And while 64% of of the more than 700 respondents worldwide expect increased revenue in 2014, that percentage is down from years past, albeit slightly.