Circuits Assembly Online Magazine - White Papers

News

OWEGO — AsteelFlash has filed a notice with the state of New York indicating plans to close its manufacturing plant here by the end of June. A total of 34 workers will be laid off, the last of the 150 employed when the Paris-based EMS company acquired the site as part of its purchase of Catalyst Manufacturing Services in Jannuary 2012.

RAMBOUILLET, FRANCE – Varova acquired a printed circuit board assembly manufacturing site here from Continental, effective from July 1, 2014.

TORONTO -- SMTC reported a fourth-quarter net loss of $7.7 million on revenue of $67.4 million. Revenues were down 7.9% due to the loss of two customers brought about by the closing of its Markham manufacturing site and reduced volumes from three other customers.

TAIPEI -- Foxconn, EMS provider for startups? It's true. The world's largest EMS/ODM has launched a website to connect with entrepreneurs looking for design and manufacturing support for their ideas.

PARIS -- Eolane was one of the fastest-growing larger tier EMS companies in 2013, seeing sales rise 11.1% year-over-year to 400 million euros ($554.6 million). The EMS company's revenue was boosted by multiple acquisitions made during the previous year.

WASHINGTON -- A US Appeals Court yesterday ruled that the so-called Conflict Minerals clause within the 2010 Dodd-Frank Act violates the First Amendment. The ruling by a three-judge panel could foreshadow a striking of the law by the full court later this year.