Fab News

CASTELFIDARDO, Italy - SOMACIS Holding has signed a joint venture agreement with the Korean company Cosmotech to work together in Brazil and to develop a future partnership project in Korea.

SOMACIS Holding is pleased to announce that it has signed a partnership agreement with the Korean company Cosmotech Co Ltd., leader in the production of printed circuit boards of medium-to-high technology for digital appliances, telecommunication equipment, IC modules and substrates.

The partnership is aimed at commercial collaboration in the Brazilian market, a market in which SOMACIS has been present in since 1999 and where it has its own production facility. A partnership that also sets the base for a future project for the combined development of business in Korea and Asia.

With the drawing up of this joint venture contract, Cosmotech has acquired a minority shareholding interest in the Brazilian company SOMACIS Do Brasil Circuitos Ltda., which, as of the 1st October, has changed its name to Somacis & Cosmotech Do Brasil Circuitos Ltda.

SOMACIS and Cosmotech will jointly create a new commercial division geared towards the promotion and development of printed circuit board sales to Asian clients based in Brazil. Clients with whom both companies already have techno-commercial relationships consolidated in Asia and Europe.With this agreement, SOMACIS acquires a purchase option right in the capital stock of Cosmotech.

This joint venture binds SOMACIS and Cosmotech in an important partnership project, putting together both the expertise and strength of two leaders in the production and commercialization of high tech printed circuit boards, and consolidates their strategic position in the global market.


TAIPEI - Airtech Advanced Materials Group announced the formation of Airtech Asia, a wholly owned subsidiary. Airtech Asia will be located in Tianjin, China, opening December 2007. “This will allow us to better serve our customers who have established a subsidiary in China and with our Chinese customers that have been working with us since our first trip to China in 1982,” announced W. (Bill) Dahlgren the companies’ Founder and Owner. 

Mr. Mo Perwaiz will be the General Manager of Airtech Asia, according to Jim Hegeduis, Airtech’s PCB / Electronic Global  Business Manager. Perwaiz brings with him 25 years of experience in the Chinese market with upper management, manufacturing and distribution skills.

The 50,000 m2 site will allow for manufacturing, local stocking of products, sales and technical assistance.
COSTA MESA, CAStablcor Inc., provider of carbon composite laminates, announced the licensing of its material to TTM Technologies Inc. No financial terms were disclosed.

Read more ...
Huntington Beach, Calif.Airtech International Inc., a manufacturing of release films and related lamination assist materials for the worldwide PCB / FPC industry as well as materials for composite manufacturers in the aircraft / aerospace, marine, wind energy and general composites markets, announced the expansion of their USA facilities with the addition of a 140,000 sq. ft (13,000 sq. m.) distribution facility located in Chino, California.  The expansion doubles Airtech’s plant facilities in California. This new warehousing and shipping facility has been added to improve efficiency and delivery schedules for Airtech’s customers around the globe. The new building that opened on September 10th, 2007 is now fully operational.
SLOUGH, England and DENVER, Colo. - Two leading companies in the European printed circuits board (PCB) industry, Sun Chemical Circuits and MacDermid, have joined forces in a move that will bring significant benefits to new and existing customers in the UK.
MacDermid, the leading supplier of speciality chemicals for PCB fabrication, will be selling soldermask inks, legend inks and ancillary products from Sun Chemical Circuits to the PCB industry.  This will provide an opportunity for both companies to open new business opportunities.
The distributor partnership enables both companies to improve further their service and product support through extra resourcing.  The agreement is not exclusive to either Sun Chemical or MacDermid, which will retain individual links with existing clients.
COLUMBIA, MO -- 3M will close its flex circuit operations here by June 31 and lay off about 240 employees, according to a published report.

Some manufacturing of electronics interconnects and other products will continue at the site, the report said.

Read more ...

Page 629 of 645