Fab News

CHANDLER, AZIsola USA today filed orders against TUC and ITEQ, demanding the companies cease all acts that would infringe on the firm’s patents.
Read more ...

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.

Read more ...

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.

ITASCA, IL – M-Wave announced today an asset purchase agreement with its management team under which the company will transfer substantially all of its operating assets and certain liabilities in exchange for $500,000.

Read more ...
CHANUTE, KS– Sierra Midwest has received their International Traffic in Arms Regulations (ITAR) registration, a requirement for businesses manufacturing or exporting defense articles or providing defense services. Sierra believes that this recognition, combined with its MIL spec, will give it the tools needed to compete in today’s growing defense market.

GHENT, BELGIUM– Mania Belgium NV has chosen Adeon Technologie BV to manage its sales and marketing operations in the United Kingdom, Ireland and The Netherlands. Adeon will handle all of Mania’s product line, including the SilverWriter and Calibr8tor laser photoplotters, SmartPlate and UCAM software.
 
“The UK, Ireland and The Netherlands are important markets for us, so we have been looking for a dynamic partner who is well-established and well respected in these areas,” explains Karel Tavernier, managing director of Mania.

Page 660 of 744