ST. PETERSBURG, FL -- Jabil Circuit will acquire precision plastic manufacturer Nypro for $665 million in cash. The deal is expected to close by March 31.
JASPER, IN -- Kimball International reported fiscal second quarter net EMS sales rose 11% from last year on growth in the automotive, industrial and public safety industries.
ECHT, LIMBURG, THE NETHERLANDS -- Neways Electronics plans to close its factory here, the company said, citing continued volatility in the electronics manufacturing services market and the persistent imbalance in capacity utilization.
HONG KONG -- SMT Holdings began its climb back from bankruptcy by turning in a profitable December quarter.
TAIPEI -- Foxconn International Holdings, the cellphone design and manufacturing arm of Hon Hai, has seen capacity utilization rates fall below 50%, according to a new report.