PCB007 Magazine

PCB-June2014

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64 The PCB Magazine • June 2014 Mil/Aero007 News Highlights n e w s Saab to Acquire ThyssenKrupp, Inks MoU thyssenKrupp industrial solutions ag, a subsidiary of thyssenKrupp ag, and saab aB have signed a non-binding memorandum of understanding con- cerning the sale of the swedish shipyard thyssen- Krupp marine systems aB (formerly named Koc- kums) with operations in malmö, Karlskrona and muskö to saab aB. Celestica Earns Supplier Award from Rockwell Collins the company was presented with the 2014 assem- blies supplier of the Year award from rockwell col- lins during the recent annual supplier conference held in cedar rapids, iowa. the award is an ac- knowledgement of significant contributions made during the year by suppliers and is based upon quality, delivery, total cost of ownership, lead time, and customer service. Sypris' Electronics group: 16% Revenue Increase in Q1 the company reported revenue of $84.2 million for the first quarter compared to $78.4 million for the first quarter of 2013. revenue for the electron - ics group expanded 16%, to $8.4 million in the first quarter, an increase of $1.1 million from $7.3 million in the comparable prior year quarter. Ducommun Posts 2.2% Sales Increase in Q1 "the first quarter of 2014 showed the diversity of ducommun's product portfolio and strength of our operating leverage," said anthony j. reardon, chairman and ceo. "top line growth was driven by gains across our commercial aerospace busi - ness, including a further pickup in revenue with airbus and on Boeing's 787 platform. operating margins expanded year-over-year reflecting higher revenues and an improved product mix." Digicom Electronics Earns ITAR Registration "our attention to quality and detail and our ability to handle low-volume, high-end products has en - abled us to prototype and manufacture many mili- tary, aerospace, and government-related projects," explained gm mo ohady. "receiving itar certifi- cation expands the base of projects we can accept and gives more flexibility to our customers." onCore Implements E2open's Supplier Collaboration Solution oncore manufacturing llc, a global supplier of ems, has implemented e2open's supplier collabora- tion solution. e2open enables oncore to offer more effective customer service, given the real world of unpredictable demand. Cal Quality to Support Boeing's CSEL Program the company announced a multi-year, multi-million dollar contract signing with the Boeing co. to sup - port the combat survivor evader locater (csel), a major government program that is the u.s. depart- ment of defense (dod) Program of record for joint search and rescue. API Nets $1.6M Filter Solutions order "our customers in the electronic warfare arena de- mand products that address a broad set of tech- nical requirements with unparalleled performance and reliability," said Bel lazar, president and ceo, aPi technologies. "as a supplier to both emerging and existing ew platforms, our products are helping save the lives of warfighters from our armed forces and allies around the world every day." Probe order Backlog Rises to $3M; To Meet Target Kam mahdi, ceo, commented, "our order backlog puts us in excellent position to meet our revenue target of 20% year-over-year growth by the end of 2014. we strongly believe that manufacturing for small- to medium-sized businesses is coming back to the u.s. we have witnessed businesses of this size become adversely affected by the subsequent increase in costs, unmanageable processes, and in - tellectual property protection concern of manufac- turing abroad." Nortech: Modest growth in Q1; Continues Improvements "we're pleased to see our pretax profits rise 13% on a slight sales increase," said rich wasielewski, presi- dent and ceo. "while the mixed economic recov- ery is impacting each of our customers differently, we continue focusing on improving our operating performance by managing the areas under our con- trol and actively working on building a qualified sales pipeline." 64 The PCB Magazine • June 2014

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