CircuiTree - January 2009 - (Page 43) • Moved its Sidler Automotive operations in Tübingen to a shared location with Multek. Foxconn/Hon Hai: • Froze hiring and reduced overtime in its China factories; • Invested USD 91.7 million in its PC assembly plants in Prague, Czech Republic; • Subsidiary G-Tech Optoelectronics invested an additional USD 8.74 million (more than the previously stated USD 12 million) to further expand capacity in Dongguan, China; • Purchased USD 4 million worth of Advanced Microelectronic Products shares; • Is looking to establish an operations center in Taiwan; • Chair Terry Guo stated that Foxconn would probably reduce 10 to 15 percent of its staff before the end of 2008 if the global economy continues to worsen; and • Workforce will be affected by new green card rules that require guest workers from non-EU countries to undergo strict medical checks to work in Czech Republic. Jabil Circuit: • Laid off 150 workers in St. Petersburg, Fla.; • Will add 858 jobs at its new headquarters once it is completed; and • Received notice confirming the end of the SEC’s investigation concerning Jabil’s historical stock option grant practices. June Elektronik added an IINEO pick and place machine and a Rehm 734 oven in Jönköping, Sweden. Kimball: • Acquired Genesis Electronics for USD 5.4 million; and • Sold 27,196 acres of land in Indiana and Kentucky for USD 50.6 million. Kitron: • Is moving production at its Karlskoga, Sweden, facility to a low-cost location on September 1, 2009; and • Arendal plans to add 100 jobs when Norway buys U.S. F-35 fighters from Lockheed Martin. Mekoprint Electronics installed two Teknek narrow web contact cleaning machines. Neways became a preferred supplier to Bosch with acquisition of part of Bosch Security Systems. PartnerTech sold its operations in Gdynia, Poland, to Gargnäs Production. PHT-Print laid off 78 employees in Hungary. PKC Group laid off 100 workers in Estonia, Russia, and Finland. Plexus purchased a 200,000 ft2 manufacturing facility in Greenville, Wis., for USD 7.5 million. Quanta will diversify into medical devices and auto electronics via acquisitions. Remploy Electronics and Heber will cooperate on end-to-end design, manufacturing, and assembly services. Sanmina-SCI: • Promoted Hari Pillai to president and COO; • Chair Jure Sola bought 548,400 shares at USD 0.74, bringing his stake to 3,671,240 shares; and • Livermore, Calif., facility received AS9100 aerospace certification. Satmatic Oy is expanding its production space in Ulvila, Finland, by 2,000 m2 to a total of 4,125 m2. Sparton: • Appointed Cary Wood CEO; and • Received a second notification of noncompliance from the NYSE for market capitalization below the minimum within a 30-day trading period. SMT Resource Group filed for bankruptcy. Stadium Group acquired Zirkon for GBP 2.5 million. TT electronics (Rogerstone, South Wales) had its third senior manager achieve Six Sigma Black Belt status. Viasystems: • Will close its Milwaukee, Wis., and Newberry, S.C., plants and lay off 2,000 workers (15 percent of its workforce) in early 2009; and • Former VP and controller Bryan Meier was appointed VP of finance and chief accounting officer of VeraSun. Vogt electronic cut 250 jobs in Germany. WYTAN and View Systems merged. Z-AXIS added a YESTech AOI system in Phelps, N.Y. ■ Walt Custer and Jonathan Custer-Topai’s column is sponsored by Rohm and Haas Electronic Materials. Custer Consulting Group provides market research, business analysis, and forecasts for PCB fabrication and assembly, passive components, semiconductors, and the electronic equipment end markets. You can reach Walt by phone at 707-785-1777, email at walt@ custerconsulting.com, or visit his Web site: www.custerconsulting.com. Education on Demand Click… Play… Learn! Webinars Have some down time or looking to pick up information on your lunch break? Log on to our archived webinar series where you can view a full webinar presentation without leaving your desk. http://webinar.circuitree.com h Improve your industry knowledge without having to leave your desk with CircuiTree podcasts, videos, and webinars. All of our content is free and available to you when YOU have the time. Videos Watch videos of presentations CircuiTree captured during our live conference series. Each video also comes with the PowerPoint slides of the presentation, making it easy for you to follow along. w www.circuitree.com/video Podcasts See why our Technology Tip podcast series is gaining so much popularity with our site visitors. Each podcast contains a brief interview with an industry expert on specific subjects impacting the industry as a whole or the floor of your shop. w www.circuitree.com/podcast CircuiTree — The World’s Best Source of Information for the Printed Circuit Board Industry CT Education-Full.indd 1 circuitree.com • January 2009 4/24/08 9:42:51 AM 43 CT Education-Quarter.indd 1 4/24/08 10:03:03 AM http://www.custerconsulting.com http://webinar.circuitree.com http://www.circuitree.com/video http://www.circuitree.com/podcast http://www.circuitree.com
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