Fab News

BANNOCKBURN, ILIPC is actively refuting statements in an NGO report on brominated flame retardants released this week. 

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PETACH-TIKVA, ISRAEL -- Eltek reported December quarter sales of $9 million, flat with 2008.

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ST. LOUIS -- Viasystems announced first-quarter sales of $186.6 million, up 51.2% from 2009.

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GARBSEN, GERMANYLPKF Laser & Electronics AG boosted its sales in the first quarter to $22.2 million, up 74%.

The quarterly EBIT of $5.4 million and an EBIT margin of 24% were well above original forecasts, the firm said.

The growth is attributed to business development within the Cutting & Structuring Lasers and the Rapid Prototyping segments.

The board upgraded its forecast for the year, expecting sales of at least $75.9 million and an EBIT margin of at least 14%.

MIGDAL HAEMEK, ISRAEL -- AOI maker Camtek reported March quarter revenues rose 90% year-over-year to $17.6 million.

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PORTLAND, OR -- Electro Scientific Industries reported fourth-quarter revenues rose 229% from a year ago to $59.6 million. Sales were up 53% sequentially.

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