Fab News

CHICAGO – American Standard Circuits completed recapitalization with Gemini Investors and Plenary Partners. Sikich Investment Banking served as the adviser to ASC.

Read more: ASC Completes Recapitalization with Gemini Investors, Plenary Partners

BANNOCKBURN, IL — North American printed circuit board fabricators reported the 90-day moving average shipments in June rose 6.3% from a year ago.

Read more: North American PCB Sales Up 6.3% in June

SEOUL -- Doosan Group is selling off non-core businesses to focus on its electronics unit, according to reports.

Read more: Dooson to Focus on Laminate Sales for Future Growth

TORONTO – Firan Technology Group reported second quarter Circuits segment net sales down 35% year-over-year to $13.7 million. All sites were down, but the largest decline was seen at the Circuits Toronto plant, which is more heavily exposed to the commercial aerospace market.

Read more: FTG Posts Q2 Circuits Segment Net Sales Down 35%

BREA, CA – Additive Circuits Technologies appointed David Torp CEO, effective July 1.

Read more: Additive Circuits Appoints Torp CEO

SCHAFFHAUSEN, SWITZERLAND – TE Connectivity has signed a definitive agreement to acquire ERNI Group. The transaction is expected to close by the end of the current quarter, following the receipt of customary regulatory approvals. No financial terms were disclosed.

Read more: TE Connectivity to Acquire ERNI Group

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