Fab News

YAVNE, Israel -- AOI equipment maker Orbotech today announced fourth-quarter sales fell 23% year-over-year to $99.4 million.

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ROGERS, CT -- Rogers today reported fourth-quarter revenues of $78 million, down less than 1% from last year. The net profit was $7.1 million, up from $3.9 million a year ago.

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WATERLOOVILLE, HAMPSHIRE, ENGLANDPolar Instruments promoted Martyn Gaudion to chief executive, replacing Martyn Mann, who has been named chairman.            

Outgoing chairman Doug Campbell has been named founding director.

Gaudion has held a variety of senior roles at Polar during the past 20 years, including sales and marketing director for the past 10.

ST. LOUISViasystems Group has completed its merger with Merix Corp.

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GARBSEN, GERMANYLPKF Laser & Electronics AG will double the production capacities for cutting and structuring lasers here by the end of the first quarter, and boost capacities further in the second quarter.

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HAMPSTEAD, NHP.D. Circuits Inc. has received a grant for $10,524 to be used toward Lean Processing training. 

The grant was awarded by the New Hampshire Job Training Fund.

Training will include the principles of Lean Processing, value stream mapping systems and Kaizen event implementation. 

The initial phase of the firm’s formal Lean implementation program is expected to cost $20,000.

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