PETACH-TIKVA, ISRAEL – Eltek Ltd. has announced its third-quarter results. Operating income was reported at $319,000. The increase has been attributed to a 40% increase in revenues and more efficient use of raw materials.
 
Third-quarter revenues came in at $12.3 million, marking a 40% increase from 2007. The gross profit nearly doubled to $2 million, and the gross profit margin was almost 17%. Eltek also reduced its net loss to $21,000, a substantial difference when compared to last year’s figure of $223,000. EBITDA for the quarter was reported at $849,000

HAMPSHIRE, UK – Cemco FSL reports that the Enthone AlphaSTAR immersion silver process has been approved for use in the Cemco Streamline AS500 Silver Emersion System. The approval comes after extensive testing.
 
The unique design of the AS500 includes conveyor speeds of up to 0.5 mpm, as well as a total line length of less than 5 meters. The footprint is 50% smaller than traditional systems. Additional features include low-power heaterless drying and high-volume fluid knife rinsing technology.