The plant will be built in Çorlu, Turkey, and will have an annual capacity of 200,000 desktop PCs.
 
As previously reported, HP and Foxconn will invest about $60 million in the project.

MINNEAPOLIS -- HEI, Inc. reported net sales of $55.8 million and net income of $1.1 million for the 16-month period ended Jan. 3.

The company had net profits of $243,000 for the four-month period ended Jan. 3.

The unusual 16-month reporting year (September 2007 to December 2008) came about because HEI modified its fiscal year to end on the Saturday closest to Dec. 31.

HEI had net income of $857,000 for the 12-month period ended Aug. 30, 2008, versus a net loss of $5.7 million the 12-month period ended Sept. 1, 2007.

In a statement, CEO Mark B. Thomas said HEI reported a 16-month period to save on costs of a separate audit for the original 12-month fiscal year and a subsequent four-month period.

NEWTON, CT – In April, TÜVRheinland will offer seminars explaining how to register for the European Union’s REACH legislation.
 
“In-Depth REACH Seminar” is a full-day program that provides information needed to satisfy the legal requirements of REACH. Included in the seminar is an overview of REACH, a list of regulated substances and facts about preparing a Chemical Safety Report, a Technical Dossier and a Data Gap Analysis.