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Fab News

Details: Written by Staff; Category: Fab News; Published: 23 July 2009

ST. PAUL, MN – 3M Corp. reported second-quarter net income dropped 17% from last year to $783 million on a decrease in demand from the manufacturing and transportation markets.

Revenue for the quarter fell 15% to $5.7 billion.

In April, the company offered early retirement to 3,600 nonunion employees. It also laid off 1,200 workers during the first quarter.

Details: Written by Staff; Category: Fab News; Published: 23 July 2009

ANAHEIM, CA – DDi Corp. has expanded its territory with the addition of three sales representatives.

Sciblo & Associates, comprised of Larry Sciblo, Chris Beck and David Fogal, will develop accounts in the Southern California area. S&A brings over 30 years of experience in the electronic industry and provides technical PCB design, manufacturing and fabrication experience to OEM, ODM and CEM companies.

SJ Associates will be responsible for developing and servicing DDi accounts in New Jersey and Long Island, NY. The company has over 50 years of industry experience and includes sales engineers and inside support personnel.

CP Sales, which includes Chris Grieves and Ben Quinn, will focus on developing and servicing accounts in Northern California. The company brings over 30 years of experience supporting manufacturers in the region, primarily in Silicon Valley.

Details: Written by Staff; Category: Fab News; Published: 22 July 2009

PFULLINGEN, GERMANY – What comes around, goes around, at least for Ruwel. Former owner Bernd Zevens has submitted an offer to take over the company's Pfullingen plant beginning September 1. Details of the offer have not been released.
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Details: Written by Staff; Category: Fab News; Published: 22 July 2009

SHENZHEN, CHINA – Multek and Sensitive Object have joined forces to improve Multek’s touch panel solution.

Sensitive Object, a leading provider of technologies for user interface solutions, will supply product engineering and customization services to Multek. As part of the agreement, the company will also provide production and development support for OEMs in markets such as mobile, computing, industrial and consumer devices, as well as laptop and kiosk products.

The partnership will enhance Multek’s low-cost vertical integration capabilities with the addition of Sensitive’s intellectual property in acoustical touch screen technology.

With a current customer base in China and Malaysia, the partnership will also broaden Multek’s existing LCD display offerings.

Multek is ranked as one of the top 10 leading suppliers of PCB and display technologies in the world.

CHANDLER, AZ – Matt LaRont, president of North American operations for Isola Group SARL, has expanded his title. He has taken on the additional responsibility of global supply chain officer.

LaRont will oversee the company’s strategic supply plan, including the management of global supply contracts and supplier licensing.

He brings over 23 years of experience in the industry. Prior to joining Isola in 2004, he held various positions with Solectron Corp., Sanmina and Praegitzer Industries.

TORONTO – Coretec Inc. has named Aaron Ames chief financial officer.

Ames brings over 15 years of experience in public accounting and has held senior finance positions within the industry.

“We are thrilled that we have been able to attract someone of Aaron's stature and experience to our organization. We believe that his education, background and career experiences will help us navigate through these difficult times in our industry and help facilitate our return to profitable growth,” said Paul Langston, president and CEO.

Coretec is a leading designer and fabricator of PCBs for the prototype and quick turnaround production segments within the North American and European markets.