GLENVIEW, IL – Illinois Tool Works has acquired Teknek for an undisclosed sum. Read more ...
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 ...ANAHEIM – M-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 ...
STRATFORD, CT – Retired Enthone president, Francis A. Schneiders, died on July 4. Read more ...
TAOYUAN, TAIWAN – Nan 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.
TORONTO – Firan Technology Group reported second-quarter sales of $13.9 million, up 20% year-over-year, and up 14% sequentially.