Fab News

SOUTH PLAINFIELD, NJ – Private equity firm Guardian Capital Partners and certain incumbent managers have acquired a controlling interest in electronics manufacturing services firm R&D Circuits.

Read more: Private Equity Group Acquires R&D Circuits

GLENVIEW, ILIllinois Tool Works has acquired Teknek for an undisclosed sum.

Read more: ITW Buys Teknek

TAIPEI -- Hon Hai (Foxconn) reported June revenues rose 15.6% from last year to NT$228.4 billion ($7.93 billion) on higher demand for PC tablets and computers.

Read more: Deadly Blast Can't Slow Foxconn Growth

ANAHEIMM-Flex cut its third-quarter sales outlook to about $191 million, as a result of the loss of demand from a major customer.

Read more: M-Flex Cuts Q3 Sales Outlook

STRATFORD, CT – Retired Enthone president, Francis A. Schneiders, died on July 4.

Read more: Former Enthone President Schneiders Dies

TAOYUAN, TAIWANNan Ya Printed Circuit Board reported June sales of $111 million, down 1.5% sequentially.

The firm attributes the decline to clients’ mid-year inventory checks, according to published reports.

NPC posted second-quarter revenues of $326.2 million, up 11.5% sequentially.

The printed circuit board maker said it expects peak-season demand from August through November, with particular strength in emerging markets.

Consumer electronic demand is expected to be strong in the third quarter.

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