Fab News

BANGKOK – Printed circuit board maker Apex International said it would invest $132 million to build a new plant to ramp capacity, according to published reports.

The project will take place in two phases over three years. The first construction phase will be completed in the fourth quarter of 2012, providing a monthly
capacity of 1.5 million ft.2 of PCBs. The second phase of the expansion will allow for an additional capacity of 1.5 million ft.2, reports say.

New production lines will focus on PCB products for telematics devices. With acquisitions, the firm said it would also move into the HDI board segment.

FRANKFURT, GERMANY -- German PCB fabricators reported orders fell 26.8% sequentially in June, in part because of last year's exceptional showing. Read more ...

ORLEANS, FRANCE -- A local court this week approved Elvia PCB's acquisition of CIRE Group, which had been in receivership since last year. Read more ...

MELVILLE, NY -- Park Electrochemical reported fiscal second-quarter net profits dropped 18.8% year-over-year to $7.7 million on lower demand for laminate. Read more ...

TAIPEI -- Foxconn chairman Terry Gou strongly denied rumors that the world's largest contract electronics assembler plans to lay off tens of thousands of workers.

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SHANDONG, CHINA -- A Foxconn assembly plant here caught fire yesterday, but the blaze was extinguished with no casualties or impact on operations, the firm is saying.

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