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News

NEVADA CITY, CA -- IC revenue will stage a comeback this year, growing 18.8%, with unit growth a tick lower at 18%. Both figures are considerably better than the 8.8% decline in revenue and 6.9% decline in shipments in 2009.

MANASSAS, VA – Brady Worldwide and Zestron have teamed to conduct extensive chemical compatibility testing on Brady’s line of polyimide labels, commonly used as PCB ID labels.

ARLINGTON, VA -- Electronics component orders slowed in February after a big leap in January, an industry trade group said today.

SURREY, UK – TT Electronics’ Integrated Manufacturing Services division reported 2009 revenues of GBP 75.1 million, down 27.4% from a year ago.

The firm’s overall pretax profit for 2009 – which includes its electronics and sensors divisions – was GBP 17.2 million, compared to GBP 17.3 million for the prior year.

"An improvement in the fourth quarter has continued into the first two months of 2010," said chief executive Geraint Anderson.

TT Electronics also said order growth in the fourth quarter has continued into the current quarter.

US$1 = GBP 0.6579

MINNEAPOLIS -- Nortech Systems today reported fourth-quarter net sales of $19.8 million, down 26.7% from a year ago.

GLENVIEW, IL -- Illinois Tool Works today reported operating revenue rose 10% year-over-year for the quarter ended Feb. 28. Its Power Systems and Electronics group, which includes Kester Solder, Speedline and Vitronics-Soltec, reported sales grew 5.4%.