Fab News

LAS VEGAS – IPC Apex Expo requests technical posters to be displayed throughout the March event. Poster presentations are scheduled for Mar. 16.  

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PETACH-TIKVA, ISRAEL – Eltek posted revenues for the third quarter ended Sept. 30 of $10.8 million, down 7.7% year-over-year.

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REDWOOD CITY, CA – Printed circuit board fabricator Advanced Circuits has acquired Coastal Circuits for an undisclosed sum.

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AURORA, CO -- Revenues at Advanced Circuits increased 1% year-over-year in the third quarter, driven by growth in long lead-time PCBs and offset by lower sales in quickturn PCBs.

The results were in-line with management's expectations.

Third-quarter EBITDA margins fell approximately 80 basis points compared to the year-ago period, reflecting a shift in sales mix.

After seeing sales fall in 2014, the PCB fabricator has now turned in three straight quarters of revenue gains in 2015.

Advanced Circuits is the third-largest PCB fabricator onshore in the US, after TTM Technologies and Sanmina. It has annual sales of nearly $90 million.

IRVINE, CA -- MFlex reported third quarter net income rose 131% from a year ago to $13.7 million.

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YAVNE, ISRAEL – Orbotech’s printed circuit board business posted third quarter revenues of $64.2 million, down 10.5% year-over-year. The figure includes $34.5 million in equipment sales, a decrease of 16.7% compared to the same period in 2014.

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