CHANDLER, AZ – Isola Group, SARL, has entered into a licensing agreement with ParkElectrochemical Corporation. Under the agreement, Park is allowed to practice under U.S. Patent Nos. 5,464,658 and 5,350,621 for the terms of the patents. The patents concern laminates and printed circuit boards (PCBs) that incorporate square weave fabric materials. Financial terms of the agreement are undisclosed.
ST. LOUIS– In a statement released last week, Viasystems Group Inc. announced it would be closing its Oak Creek, WI, manufacturing and distribution plant in 2009. Nearly 240 employees will be laid off in phases scheduled to last from January through May, and now it looks as if they will not be alone.