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Fab News

PLYMOUTH, MN – Innovex Inc. has named Stephen Lai senior vice president of worldwide sales and marketing. He will be responsible for increasing revenue with current major customers, as well as identifying and developing additional customers.

Lai brings nearly 35 years of experience in the electronics industry. Prior to joining Innovex, he worked for several companies, including IBM, RCG Holdings and Motorola.

“Steve has proven, throughout his career, his ability to work with customers to create profitable revenue growth. We are very excited to have him join our team and I am confident he will rejuvenate our sales efforts to provide Innovex with the sustainable growth necessary for long term success” said Terry M. Dauenhauer, president and CEO.

HERRENBERG, GERMANY – HMS Höllmüller appointed John Gebhardt to sales manager of Asia. He will oversee the support and development of the Asian market in South China, Southeast Asia and Japan.

Gebhardt brings over 20 years of experience in the PCB industry, specifically with PCB manufacturers and specialty chemical suppliers.

BEAVERTON, OR -- Merix Corp. reported a net loss of $32.7 million on revenue of $60.7 million for the third quarter ended Feb. 28.

Read more: Merix's Revenues Down 21% Sequentially

PORTLAND, OR and MIDDLEFIELD, CT – Zygo Corp. and Electro Scientific Industries Inc. (ESI) have ended merger plans as a result of the economy’s downturn.

Read more: Lenthor Shipments Up 13% YoY

WINSFORD, ENGLAND – CC Electronics Europe (CCEE) has named Russell Hinchcliffe manufacturing manager. He will oversee front-end operations and development of blind and buried circuit board capabilities.

He has 20 years of experience in the industry. Prior to joining CCEE, he worked for companies such as Merlin Circuit Technologies and Invotec.

Hinchcliffe plans to build on the company’s reputation for product delivery and customer satisfaction. “I believe that blind and buried circuit board technology will become more and more mainstream in the next few years, and it is my aim to get ahead of the competition and develop this side of the business as well,” he said.