Fab News

REDWOOD CITY, CA – Printed circuit board fabricator Advanced Circuits has acquired Coastal Circuits for an undisclosed sum.

Read more: Advanced Circuits Acquires Coastal Circuits

AURORA, CO -- Revenues at Advanced Circuits increased 1% year-over-year in the third quarter, driven by growth in long lead-time PCBs and offset by lower sales in quickturn PCBs.

The results were in-line with management's expectations.

Third-quarter EBITDA margins fell approximately 80 basis points compared to the year-ago period, reflecting a shift in sales mix.

After seeing sales fall in 2014, the PCB fabricator has now turned in three straight quarters of revenue gains in 2015.

Advanced Circuits is the third-largest PCB fabricator onshore in the US, after TTM Technologies and Sanmina. It has annual sales of nearly $90 million.

IRVINE, CA -- MFlex reported third quarter net income rose 131% from a year ago to $13.7 million.

Read more: MFlex Sees Better Profits Despite Lower Sales

YAVNE, ISRAEL – Orbotech’s printed circuit board business posted third quarter revenues of $64.2 million, down 10.5% year-over-year. The figure includes $34.5 million in equipment sales, a decrease of 16.7% compared to the same period in 2014.

Read more: Orbotech’s PCB Business Q3 Revenues Down 10.5%

CHONGQING, CHINA – AT&S said its new $210 million plant here will start production at the beginning of next year.

Read more: AT&S to Start Production at Chongqing Plant

TOKYO and HUTCHINSON, MN – TDK and Hutchinson Technology have entered into a merger agreement under which TDK will acquire all outstanding shares of common stock of HTI for base consideration of $3.62 per share, plus additional consideration of up to $0.38 per share.

Read more: TDK to Acquire Hutchinson Technology

Page 288 of 715