Fab News

VIENNA, AUSTRIA – AT&S expects fiscal year 2008/09 revenue to fall 7.2% to around 450 million euros (US$598 million). A dividend of 0.15 euros to 0.18 euros (US$0.20 to $0.24) is estimated.
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NEW BEDFORD, MA – Epec LLC. has named Derek Dixon director of engineered electronic product sales. Prior to joining Epec, Dixon was the business development manager at GM Nameplate Inc.
 
“We have been searching for a leader to work closely with our engineering and sales organizations to make it easier for our customers, from design through delivery.  Derek has demonstrated great success in our growing product sectors and we are proud to have him with us,” said Ed McMahon, CEO.

PLYMOUTH, MN – Innovex Inc. has named Stephen Lai senior vice president of worldwide sales and marketing. He will be responsible for increasing revenue with current major customers, as well as identifying and developing additional customers.
 
Lai brings nearly 35 years of experience in the electronics industry. Prior to joining Innovex, he worked for several companies, including IBM, RCG Holdings and Motorola.
 
“Steve has proven, throughout his career, his ability to work with customers to create profitable revenue growth. We are very excited to have him join our team and I am confident he will rejuvenate our sales efforts to provide Innovex with the sustainable growth necessary for long term success” said Terry M. Dauenhauer, president and CEO.

HERRENBERG, GERMANY – HMS Höllmüller appointed John Gebhardt to sales manager of Asia. He will oversee the support and development of the Asian market in South China, Southeast Asia and Japan.
 
Gebhardt brings over 20 years of experience in the PCB industry, specifically with PCB manufacturers and specialty chemical suppliers.

BEAVERTON, OR -- Merix Corp. reported a net loss of $32.7 million on revenue of $60.7 million for the third quarter ended Feb. 28.
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PORTLAND, OR and MIDDLEFIELD, CT – Zygo Corp. and Electro Scientific Industries Inc. (ESI) have ended merger plans as a result of the economy’s downturn.
 
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