News

TORONTO – Firan Technology Group reported first quarter sales at its printed circuit board fabrication unit were down $4.5 million, or 27%, year-over-year. All sites were down, but the largest decline was seen in the Circuits Toronto plant, which is more heavily exposed to the commercial aerospace market.

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PETACH-TIKVA, ISRAEL – The domestic Ministry of Economics approved a recommendation to the Israel Land Authority to allocate land in the north of Israel to Eltek to build a second production facility without the need for a bidding process.

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