Fab News

SANTA ANA, CA– TTM Technologies, Inc. has been awarded a second contract from BAE Systems. The $7 million contract is an add-on to the initial one received in April.
 
TTM will produce printed circuit boards (PCBs) and printed circuit board assemblies used in thermal weapon sights. The sights, employed in light, medium and heavy weapon applications, provide improved visibility and increased surveillance and target acquisition range.
 
The first full-rate production and deliveries are scheduled to begin in January 2009 and continue through July. The cumulative amount of the contract has been reported in excess of $15 million.
CLEVELAND -- OM Group, Inc. announced strong results for Q3 and the nine months ending September 30, 2008. Net sales for Q3 2008 rose 70% to $448.6 million compared with $264.6 million in the corresponding period of 2007.

Read more: OM Group Reports Strong Q3 Sales
MUMBAI, INDIA– Altium has plans to open sales and marketing offices in Mumbai, Bangalore or New Delhi. It hopes to have the offices running by January 2009 and has begun looking for Indian investment partners.
 
Altium wants to increase its presence in both China and India within the next two to three years. With three offices in China already, the company expects similar growth in India because of the high demand for electronic innovative design products and embedded software. It is also looking toward the possibility of supplying the Indian nuclear industry, but plans are still in the early development stages.
HUNT VALLEY, MD– Dr. Jennie Hwang will serve on the board of advisors for Reactive NanoTechnologies, Inc. In her role, she will advise the company on technical and business matters pertaining to the electronics assembly industry.
 
Prior to joining the board, she held senior executive positions with Lockheed Martin Corporation, Sherwin Williams Company and SCM Corporation. She also co-founded several entrepreneurial companies and served as an advisor and consultant to U.S. government programs.
 
Dr. Hwang is a member of the National Academy of Engineering and has been inducted into the Women in Technology International Hall of Fame. Author of numerous books, she also holds several patents. 
GHENT, BELGIUM– Mania Belgium NV has chosen PCB GraphTech to promote its entire product range in Southeast Asia. Both companies hope to build on their pre-existing relationship. “We are looking forward to promoting sales in a much bigger territory than in the past,” explains Francis Wong, managing director of PCB GraphTech.
 
Mania looks to expand its customer base through the established reputation of PCB GraphTech. “We are delighted to be working in partnership,” says Karel Tavernier, managing director of Mania. “Not only are they well respected, but their other products are complementary to our plotters and software.”
ANAHEIM, CA -- Multi-Fineline Electronix, Inc. (MFLEX) net sales for fiscal Q4 ending September 30, 2008 was $213.1 million, up 27.8% from net sales of $166.7 million in fiscal Q4 2007.

The gross margin for fiscal Q4 2008 increased to 16.1% from 8.5% in fiscal Q4 2007. A favorable product mix and improved yields are credited with enhancing margin performance.

Read more: MFLEX Hits Record High

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