Fab News

TAIPEI -- Wus Printed Circuit plans to spend up to $13.5 million to repurchase as many as 28 million shares of its common stock as the board fabricator seeks to bump up the value of its stock.

Read more: Wus Announces Share Buyback Plan

WASHINGTON — President Obama recently signed legislation reinstating and extending tax benefits for electronics companies.

Read more: Obama Signs Bill Extending R&D Tax Credit

BANNOCKBURN, IL — Orders for printed circuit boards from North American fabricators rose 5% year-over-year in November.

Read more: November PCB Orders Up YoY

LETCHWORTH GARDEN CITY, ENGLAND -- Mho Trak, a printed circuit board fabricator located here, has been severely damaged by fire, according to published reports.

Read more: UK Fabricator Catches Fire

PETAH-TIKVA, ISRAEL -- Earlier this week, PCB Technologies said it would acquire fellow PWB fabricator Melta-Inter Industries. Is Eltek the next Israeli fab house to be sold?

Read more: Analyst: Eltek Might Be for Sale

MELVILLE, NY -- Park Electrochemical reported fiscal third quarter net income slipped 30.6% to $5 million as gains in margin were offset by special charges related to previous factory shutdowns.

Read more: Park Electrochemical's Q3 Earnings Slip

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