SMT007 Magazine

SMT-Feb2014

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February 2014 • SMT Magazine 95 e SMT, Inc., eruston Partner to Offer Complete Turnkey Manufacturing "As a result of the partnership, Surface Mount Technologies and Eruston combine the best of both worlds to offer our customers complete turn- key manufacturing," commented lewis wagner, president of SMT. located in Irvine, California, Eruston Corporation has been a supplier for mili- tary, aerospace, commercial, and medical equip- ment manufacturers since 1984. f Strategic analysis of european eMS Industry 2012-2017 This is the eleventh edition of the European Elec- tronic Manufacturing Services Industry report and updates both the tenth edition published in Sep- tember 2011 and the first edition of the European Electronic Manufacturing Services Industry—Strate- gic Market Analysis published in September 2012. g IPC Forms PaC to Forward Member Goals IPC is in the process of filing papers with the Fed- eral Election Commission to establish the IPC PAC. This committee will support federal candidates for office that advocate for policies that support the growth of electronics manufacturing. The PAC will help raise IPC's visibility with policy makers and other key influencers in washington. h Kitron Secures Medical equipment Contract from Maquet Kitron ASA has signed a general agreement for future business relations with Maquet Critical Care Ab, part of getinge group. The agreement includes deliveries of mechanical and electronic- based products. Maquet is the largest subsidiary of getinge group of Sweden, a leading global medi- cal technology company. i IeC's Q4 earnings Hurt by SCb Impairment Charge w. barry gilbert, chairman of the board and CEo, stated, "IEC took non-cash impairments of good- will and intangible assets at SCb after analyzing and reconfiguring the operations of SCb. we also took into account market challenges for our customers during periods of government uncer- tainty." j Jabil Posts revenue of $4.6 billion in Fiscal 1Q14 generally accepted accounting principles (gAAP) operating income for the first quarter was $172.7 million and gAAP diluted earnings per share were $0.57. The company indicated that $21.3 million in restructuring costs during the quarter impacted gAAP operating income. February 2014 • SMT Magazine 95 smtonline.com for the latest SMT news— anywhere, anytime.

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