Fab News

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. 
BANNOCKBURN, IL– IPC presented over 70 awards at the recent IPC Midwest Conference & Exhibition in Schaumburg, IL.  
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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.

FLORENCE, KY– Ticona Engineering Polymers plans to break ground on a Vectra liquid crystal polymer (LCP) production facility at the Celanese integrated chemical complex in Nanjing, China, next year. This will be Ticona’s fourth unit within the complex. In addition to manufacturing, it will also provide technical and commercial resources focusing on customer application development.
 
The plant will produce highly crystalline, thermotropic thermoplastics, delivering precise and stable dimensions, high temperature performance and chemical resistance for very thin-walled applications. The polymer is flame resistant, contains no additives, is halogen-free and permits lead-free soldering–allowing customers an eco-friendly innovation. “The new units, combined with our presence in Europe and North America, will support our customers’ need to shift to non-halogenated materials and give Ticona a global footprint to provide the same brand experience to customers throughout the world,” explains Sandy Beach Lin, president.

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