Fab News

PORTLAND, OR – Electro Scientific Industries Inc. (ESI) reported first-quarter sales climbed 25% sequentially to $22.6 million, compared to $18.1 million last quarter.
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VIENNA, AUSTRIAAT&S reported first-quarter sales fell 15.5% sequentially and nearly 28% year-over-year to $118.1 million.
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ST. PAUL, MN – 3M Corp. reported second-quarter net income dropped 17% from last year to $783 million on a decrease in demand from the manufacturing and transportation markets.
 
Revenue for the quarter fell 15% to $5.7 billion.
 
In April, the company offered early retirement to 3,600 nonunion employees. It also laid off 1,200 workers during the first quarter. 
 
ANAHEIM, CA – DDi Corp. has expanded its territory with the addition of three sales representatives.

Sciblo & Associates, comprised of Larry Sciblo, Chris Beck and David Fogal, will develop accounts in the Southern California area. S&A brings over 30 years of experience in the electronic industry and provides technical PCB design, manufacturing and fabrication experience to OEM, ODM and CEM companies.
 
SJ Associates will be responsible for developing and servicing DDi accounts in New Jersey and Long Island, NY. The company has over 50 years of industry experience and includes sales engineers and inside support personnel.
 
CP Sales, which includes Chris Grieves and Ben Quinn, will focus on developing and servicing accounts in Northern California. The company brings over 30 years of experience supporting manufacturers in the region, primarily in Silicon Valley.
PFULLINGEN, GERMANY – What comes around, goes around, at least for Ruwel. Former owner Bernd Zevens has submitted an offer to take over the company's Pfullingen plant beginning September 1. Details of the offer have not been released.
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SHENZHEN, CHINA – Multek and Sensitive Object have joined forces to improve Multek’s touch panel solution.
 
Sensitive Object, a leading provider of technologies for user interface solutions, will supply product engineering and customization services to Multek.  As part of the agreement, the company will also provide production and development support for OEMs in markets such as mobile, computing, industrial and consumer devices, as well as laptop and kiosk products.
 
The partnership will enhance Multek’s low-cost vertical integration capabilities with the addition of Sensitive’s intellectual property in acoustical touch screen technology.
 
With a current customer base in China and Malaysia, the partnership will also broaden Multek’s existing LCD display offerings.
 
Multek is ranked as one of the top 10 leading suppliers of PCB and display technologies in the world.
 
 
 
 

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