MINNEAPOLIS -- HEI Inc. today announced first-quarter sales fell 3% to $8.9 million, but the company reversed last year's net loss.
For the period ended April 4, the net income was $268,000, up from a net loss of $440,000 for the same period last year.
The company credited improvements over the past two years at its plants. HEI manufactures flex and rigid-flex PCBs in its Tempe, AZ facility.
HEI CEO Mark B. Thomas said, "The current economic conditions are having an impact on the demand for our customer's products along with substantial pricing pressures for the products that we build."
CHANDLER, AZ -- ISOLA GROUP has entered into a non-exclusive license agreement with Sanmina – SCI allowing practice under US Patent Nos. 5,350,621 and 5,464,658, covering the use of square weave fabric materials.
“We believe that the adoption of Isola square weave technology provides a competitive advantage to Sanmina-SCI PCB Division because it allows increased design flexibility by providing improved registration and reliability to high performance applications,” stated George Dudnikov, CTO of Sanmina-SCI’s PCB Division.
Sanmina is the first PCB fabricator to license this technology.