Fab News

ENDICOTT, NY– Endicott Interconnect Technologies, Inc. (EI) experienced a 73% increase in revenue in 2007 and reports significant revenue for this year. The company plans to extend its workforce through a job fair and by modifying current employment practices. EI hopes to fill a projected 150 professional and full-time manufacturing positions during an upcoming job fair on September 25, at EI. In addition, current, qualified temporary workers will be given full-time, permanent status, and temporary positions will be restricted to jobs that have been assigned a pre-defined time period.
 
“These changes in our employment practices and need for additional positions result from increased demand in the defense and high-end computing markets for printed circuit board fabrication and assembly operations,” explains Felicia Williams, VP of Human Resources.
ENDICOTT, NYEndicott Interconnect Technologies will hire more than 150 employees during the fourth quarter for professional and full-time manufacturing positions, on higher demand from the defense and high-end computing markets for PCBs and assemblies. 
 
The company will host a job fair Sept. 25 from 4 to 7 pm.
 
The firm is also restricting use of “temporary” labor to those jobs with a predefined period.  All other hiring will be for regular, full-time employment. 
 
EI’s revenues rose 73% in 2007 and the company is experiencing another year of significant revenue increases in 2008. 
NEW YORK – Dow Chemical told analysts today its acquisition of Rohm and Haas would close in the early part of 2009. Financing for the $15.3 billion deal is in place and efforts to obtain regulatory approvals are ongoing, Dow CFO Geoffery Merszei said.

Speaking at the Credit Suisse Chemical and Ag Science Conference, Merszei said the company would seek to keep much of Rohm and Haas’ management. He added Dow would not seek other large acquisitions over the coming year as it absorbs Rohm and Haas.
VIENNA – An AT&S division has developed a GPS/AGPS module, thus breaking into the ODM market.
 
AT&S Solutions made the high sensitivity GPS/AGPS receiver module for Hitachi High-Technologies Europe.
 
AT&S Solutions handles hardware development and production, and printed circuit board assembly. Hitachi High-Technologies will market the modules through its worldwide distribution network.
 
The main uses are navigation systems, tracking systems and fleet management.
CHANDLER, AZIsola USA today filed orders against TUC and ITEQ, demanding the companies cease all acts that would infringe on the firm’s patents.
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MELVILLE, NY – Park Electrochemical Corp. will close its restructure its Mirebeau, France, business unit and reorganize its business in Lannemezan, France, as part of a proposed broad European restructuring.

Should the plan go through, the company expects a one-time pretax charge of about $5 million to $6 million in the third or fourth quarter.

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