Fab News

ST. LOUISViasystems Group today announced fourth-quarter net sales fell 11.1% year-over-year, but increased 8.5% sequentially to $131.4 million on stronger demand in automotive, telecommunications and computer/datacom.

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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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