BEAVERTON, OR -- Merix Corp. has reached a binding agreement to sell the building and long-term land lease of its former Hong Kong manufacturing facility for HK$85.8 million (US$11.1 million). The sale is anticipated to close in this spring.

FOREST GROVE, OR -- Merix forecast earnings of $9 million for the quarter ended Nov. 28, reversing losses from a year ago and last quarter, on sales of $71 million.

TORONTO -- Coretec shareholders yesterday voted overwhelmingly to accept a buyout by DDi Corp.

YAVNE, ISRAEL -- Orbotech has filed preliminary paperwork with the US Securities and Exchange Commission as part of a future IPO for up to $150 million of ordinary shares or other securities.