SMT007 Magazine

SMT007-Oct2018

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24 SMT007 MAGAZINE I OCTOBER 2018 Circuitronics Promotes Ken Mount to Quality Manager E Ken Mount, a Certified IPC Trainer and a Lean Six Sigma Green Belt with expertise in 5S, 5S+1, and DMAIC, has been promoted to quality manager of Circuitronics. Nortech Systems Approves Stock Repurchase Program E Nortech Systems Inc.'s board of directors has approved another installment of a stock repur- chase program similar to the company's inau- gural repurchase program that expired last month. Infinite Electronics Names Laurie Addison as VP of Marketing E Infinite Electronics Inc. has named Laurie Addison as vice president of marketing for the company. ACDi Celebrates Milestone with $10,000 FCPS Donation E American Computer Development Inc. (ACDi) has presented a donation of $10,000 to the Frederick County Public Schools (FCPS) to mark a major milestone in the firm's history— its 10,000th design order. The donation is tar- geted to support STEM—science, technology, engineering and math—programs and inspire students to pursue STEM careers. Nortech Systems' CEO Rich Wasielewski to Retire E Rich Wasielewski, who has been the president and CEO of Nortech Systems Inc. since 2014, will be retiring. ERAPSCO Inks $64.6M in Navy Sonobuoy Contracts E Sparton Corp. and Ultra Electronics Holdings plc announce the award of subcontracts valued at $64.6 million to their ERAPSCO joint ven- ture for the manufacture of sonobuoys for the United States Navy. Michael Clarke Named CEO of Sanmina E Michael Clarke, a member of the board of direc- tors of Sanmina Corp. since 2013, has been appointed the new CEO of the company effec- tive October 1, 2018. API Names Michael Schwarm Global VP of Sales and Marketing E API Technologies Corp. (API) has named Michael Schwarm as vice president for global sales and marketing. John Karkoski to Lead Zentech's Mil-Aero and Space Market Initiative E John Karkoski has joined Zentech Manufactur- ing Inc. as director of business development for the military and aerospace markets. IEC Electronics Names New CFO E IEC Electronics Corp. has appointed Thomas L. Barbato as senior vice president of finance and CFO. OSI Systems Reports Record Q4 FY 2018 Revenues E OSI Systems Inc. has reported revenues of $287 million for the fourth quarter of fiscal 2018, an increase of 14% from the $252 million reported for the fourth quarter of fiscal 2017. MilAero007 Highlights

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