TOKYO -- Yokogawa Electric has signed an agreement to transfer its printed circuit board manufacturing and assembly factory in Ome to OKI Printed Circuits, effective April 1.
COLUMBUS, OH -- Viasystems' PCB fabrication plant in Forest Grove, OR, has been removed from the Qualified Products List and Qualified Manufacturers List for supplying to the US Department of Defense, the DSSC indicated.
NASHUA, NH -- Mass Design has purchased printed circuit board fabricator Electropac for an undisclosed amount, the company said today.
GARBSEN, GERMANY – LPKF Laser & Electronics reported 2014 revenue of $131.6 million, down 8% year-over-year.
MIAMI -- MacDermid reported net sales for its fourth quarter rose 47.7% year-over-year to $273.6 million.
For the three months ended Dec. 31, the net loss decreased to $10.1 million, compared to a loss of $205.2 million in the same period in 2013. Adjusted EBITDA margin was 26.7%, representing a record level.
The developer of PCB chemistry said organic net sales were $185.6 million, up slightly year-over-year despite facing a $5 million foreign exchange headwind as a result of the strengthening US dollar.
For the year, MacDermid's sales rose 13% to $843.2 million. On an organic basis, net sales rose 1.2% to $755.2 million. Net income was $300,000, compared to a net loss of $203.5 million in 2013. The adjusted EBITDA contribution for the year was $196.2 million, up 8.9% compared to last year.
MacDermid was acquired by Platform Specialty Products in October 2013.
Platform chief executive Daniel H. Leever said, "MacDermid delivered record top- and bottom-line results .... Importantly, we achieved these results in spite of currency headwinds and increased investments back into the business."
SAN DIEGO – IPC Apex Expo drew 4,105 attendees from 42 countries, up 5.6% year-over-year, says the association.