Fab News

ST. PAUL, MN -- 3M today reported third-quarter sales at its Electronics and Energy business unit grew 3.8% in the September quarter. Sales for the unit reached $1.4 billion for the period, as increases in the Asia Pacific, Latin America/Canada and EMEA regions offset a decline in the US.

Read more: 3M's Electronics Sales Up in Q3

MIDLAND, MI -- Dow Chemical reported sales at its Electronic and Functional Materials unit rose 6% over last year. EBITDA at the unit, which makes materials for printed circuit boards and other end-products, was up 5% for the period ended Sept. 30.

Read more: Dow Chemical Sees Strength in Electronic Materials

TAIPEI – Backup printed circuit board maker Aurona Industries reported September revenues up 4% year-over-year to $3.85 million, nearly a four-year high.
Revenues for the month were up 6.2% sequentially.

Read more: Aurona Industries Posts Sept. Revenues Up 4% to $3.85M

ITASCA, ILM-Wave International said it would provide domestic electronic assembly services early in 2014 when it relocates to Glendale Heights, IL.

Read more: M-Wave to Move Manufacturing to US

RYE, NY – The founder of a major consumer products company is planning to purchase MacDermid for $1.8 billion, says The Wall Street Journal. Jarden founder and chairman Martin Franklin is also expected to buy several more chemicals businesses, according to reports.

Read more: Consumer Products Firm Founder to Buy MacDermid for $1.8B

TORONTOFiran Technology Group reported third-quarter sales of $13.3 million, down 5.3% year-over-year. The printed circuit board manufacturer posted a net loss of $551,000 for the period, compared to net income of $155,000 in the same quarter last year.

Read more: FTG’s Q3 Sales Down 5.3%

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