BANNOCKBURN, IL – IPC has appointed John W. Mitchell president and CEO, effective April 23.
Mitchell has experience in strategic and tactical planning, international alliances and joint ventures, engineering management, creation of intellectual property, product marketing and business negotiations.
Mitchell spent five years as general manager and director at Bose, which he left in 2008. Prior to Bose, he spent 11 years in upper management at Alpine Electronics of America. Most recently, he served as CEO of Golden Key International Honour Society.
As IPC’s chief staff officer, Mitchell will lead the organization’s global operations and staff and will report to the IPC board. He succeeds Denny McGuirk, who left last fall after 12 years with IPC. Jim Herring, IPC’s interim president and CEO, will assist with the transition.
Mitchell becomes just the fourth president in IPC's 55-year history, after Ray Pritchard, Thom Dammrich and McGuirk.
TAIPEI -- Foxconn Electronics reported fourth-quarter net profits rose 83% sequentially to NT$35.1 billion ($1.19 billion) on higher demand for consumer electronics.
GARBSEN, GERMANY – LPKF said it surpassed its revenue forecast for 2011 with consolidated revenue up 12% year-over-year to EUR 91.1 million.
EBIT of EUR 15.2 million was down 12% compared to 2010.
The firm, which makes lasers for drilling and cutting printed circuit boards and surface mount stencils, had record order of EUR 25.2 million.
In 2011, LPKF invested in staff, research and development, IT and new facilities, including EUR 14.9 million on fixed assets. The number of employees increased to 602 from 466, the firm says.
The laser systems producer expects to post revenue between EUR 100 million and EUR 105 million in 2012. Revenue growth is planned for all segments.
Given a stable economic environment in both 2013 and 2014, the company expects revenue to grow approximately 10% per year.
MINNEAPOLIS -- Stratasys and Optomec have successfully completed a joint development project to merge 3D printing and printed electronics to create what they are calling the world's first fully printed hybrid structure.
Read more: 1st Fully Printed Hybrid Structure Announced
