TOKYO – Meiko Electronics Co., known for PWB fabrication, is building an assembly plant in Vietnam, according to published reports.
The company is investing $32.4 million in an 18,000 sq. meter facility in Ha Tay Province, Business in Asia Today reported. Meiko will break ground in August, and operations are scheduled to begin next June.
The assembly plant is situated next to a PWB plant scheduled to come online in 2007.
Meiko has 4,500 employees and generates nearly $400 million in sales from its six facilities in Japan and China.
ROGERS, CT – Rogers Corp. guided for second-quarter net sales of $95 million to $97 million, down from its May 2 guidance of $102 million to $106 million. The drop is primarily a result of lower demand for custom electrical components and printed circuit materials, the company said. Read more ...