Fab News

SANTA ANA, CA – Now that the merger between TTM Technologies and Meadville Group is complete, what will the newly created company look like?

Based on market data, recent company filings and statements from top executives, quite a bit different from the previous incarnation.

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PORTLAND, ME – iNEMI is holding mid-year 2011 roadmap workshops in North America, Asia and Europe to provide an advanced look at the roadmap and to receive feedback.

The first workshop will be held June 1 at Bally’s Hotel in Las Vegas. This workshop will discuss all of the Technology Working Group chapters. For more information, visit www.inemi.org/cms/calendar/2011_RM_NA_Workshop.html.

The second workshop will be held June 8 in Dayuan, Taoyuan, Taiwan. Visit www.inemi.org/cms/calendar/2011_RM_Asia_Workshop.html for more information.

Finally, a workshop will be held June 16 in Leuven, Belgium at Imec headquarters. See www.inemi.org/cms/calendar/2011_RM_Euro_Workshop.html for more information.

LEOBEN, AUSTRIAAT&S reported fourth-quarter revenue of EUR 99.7 million, up 1.2% year-over-year.

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WESTPORT, CTCompass Diversified Holdings reported a first-quarter net loss of $15.3 million, compared to a net loss of $42.2 million for the same quarter in 2009. Sales were up 29% for the period ended March 31.

“We completed the acquisition of Circuit Express, a quickturn producer of printed circuit boards primarily for the aerospace and defense-related markets, which we believe is an excellent addition to Advanced Circuits,” said CEO Joe Massoud, adding that the deal is expected to be accretive.

As of Mar. 31, CODI had $22.1 million in cash and cash equivalents on hand, $75.5 million outstanding on its term debt facility, and $70.5 million outstanding under its $340 million revolving credit facility.

The company has no significant debt maturities until 2013.
CHESTER, CT -- Pluritec Industries has named Ascentech to represent its bare board drilling equipment in New England. 



INDIANAPOLIS – After 37 years, Diversified Systems Inc., an one-time board fabricator, has shut down, company sources say. Read more ...

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