Fab News

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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MELVILLE, NY – Park Electrochemical Corp.’s Nelco Products business will cut an unspecified number of jobs at its Fullerton, CA, laminate manufacturing site.

The company expects to take a third-quarter charge of $100,000 for employment termination benefits.

Earlier, Park announced plans to close its digital laminates production plant in France, and also trim some operations at its microwave materials plant there.

The company spent some $50 million to upgrade its US plants in 2000.

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