SAN JOSE, CA– J. Mike Sapienti has joined Sanmina-SCI as PCB senior business development manager for the company’s defense and aerospace market. Sapienti brings over 25 years of manufacturing and defense and aerospace experience, having worked with numerous companies, including Zycon, Parlex Corporation and Teledyen.
MELVILLE, NY -- Park Electrochemical Corp. reported sales of $55.59 million for its Q2 2009 fiscal year that ended August 31, 2008. Sales were down compared to sales of $60.54 million for last fiscal year’s Q2 ending August 26, 2007. Park’s sales for the first six months of fiscal 2009 were $115.4 million compared to sales of $117.62 million for last year’s first six months.
Net earnings on Q2 2009 fiscal year sales were $4.94 million compared to net earnings of $9.16 million for the second quarter of last year.
For the six-month period ending August 31, 2008, Park reported net earnings of $12.95 million compared to net earnings of $16.57 million for last year’s first six-month period.
TAIWAN and CHINA–Nan Ya Printed Circuit Board (NPC) reports that it will decrease prices 3% to 5% in Taiwan and up to 10% in China, starting in October. The action stems from decreasing inventory levels and falling copper prices. CCL makers in Taiwan report copper clad prices have fallen 5% to 6%, resulting in a 2% to 3% reduction in manufacturing costs. It is rumored that several competitors, such as Elite Materials and Taiwan Union Technology, might follow. The anticipated price reductions are greater in China because of the company’s larger market. Copper prices are less than $7,000 per ton, and sources predict lower prices for November.
SANTA ROSA, CA– Jessica Black has joined Deposition Sciences, Inc. (DSI) as the sales engineer for the company’s Midwest territory. She has extensive experience in optical coatings, having held positions as a process engineer; systems test engineer and account manager and sales engineer. DSI feels Black’s well-rounded background will help expand its customer base in the Midwest.
ELK GROVE and CHICAGO, IL– Global Laminates has opened an 8,000-square-foot service and distribution center, with an open house scheduled for September 25. The facility will allow Global to slit prepeg rolls, as well as tool and vacuum seal on-site, and includes a 12 ft. by 16 ft. cold room and dock-height delivery truck that will service the local area–all in addition to its laminate cutting capacity and extensive inventory of Shanghai Nanya rigid laminates and Ventec laminates and prepeg.