Fab News

CHICAGO – Methode Electronics reported fiscal second quarter record net sales of $300.8 million, up 17% year-over-year.

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SHANGHAI – Jiangsu Xiehe Electronic went public this week on the Shanghai Stock Exchange, with a public offering price of RMB 26.56 (US$4.06) per share.

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BANNOCKBURN, IL – IPC’s president and CEO John Mitchell released a statement on the final passage of the National Defense Authorization Act:

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HOLTON HEATH, DORSET, ENGLAND -- Westwind Air Bearings will shutter its plant here, ending a run that lasted more than 60 years, according to local media.

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PETACH-TIKVA, ISRAEL – Eltek reported fiscal third quarter revenues of $9.3 million, flat with the same quarter of 2019.

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NEW BEDFORD, MA – Epec Engineered Technologies acquired NetVia Group for an undisclosed sum.

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