SMT007 Magazine

SMT-Oct2015

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56 SMT Magazine • October 2015 MilAero007 Highlights 56 SMT Magazine • October 2015 Cirexx Sees Surge in Orders for ECLIPS Technology Cirexx International has received over $1 million in orders since launching its ECLIPS (Embedded Cooling Layer—Integrated Power System) tech- nology for antenna and communications applica- tions. IEC Appoints Jens Hauvn as SVPof Operations In his new position as Senior Vice President of Op- erations, Jens Hauvn will be responsible for IEC's manufacturing facilities throughout the United States and will report directly to President and CEO Jeffrey T. Schlarbaum. Creation Technologies Welcomes Cong. Paul Ryan in Wisconsin Facility Congressman Paul Ryan (R-WI-1), Chairman of the House of Representatives Committee on Ways and Means, recently met with executives and em- ployees of IPC-member company Creation Tech- nologies at the company's manufacturing facility in Oak Creek, Wisconsin. Libra Industries Acquires ACD; Establishes New Facility in Richardson, Texas Libra Industries' acquisition of ACD is a major step in the company's strategy to increase revenues and capture a larger share of the electronics con- tracting market. Conflict Minerals Study: Only 25% of Filers Fully Met Dodd-Frank Section 1502 Requirements in 2014 A recent, independent evaluation of the public company "conflict mineral" filings submitted to the SEC for reporting year 2014 under Dodd-Frank Section 1502 found that of the 1,262 companies evaluated, 312 scored a perfect 100% and 245 scored below 75% in meeting the requirements of the SEC rule. Sypris Reports $40.8M Revenue for 2Q 2015 Sypris Solutions has reported revenues of $40.8 million for the second quarter compared to $93.1 million for the prior year period, reflecting the ces- sation of shipments to Dana Holding as of Decem- ber 31, 2014. LACROIX Electronics Named Polish Industry's Top Employer Several well-known industrial groups with loca- tions in Poland gathered to assist the ceremony award during which Polish Labour & Social Minis- ter Władysław Kosiniak-Kamysz congratulated LA- CROIX Electronics for its job creation contribution and human resources policy. FTG Cockpit Control Panels Receive Airworthiness Tags from CAAC Firan Technology Group Corp.'s cockpit control panel assemblies being developed for Shanghai Avionics Corp. (SAVIC) as part of the Display Sys- tem for the Chinese C919 aircraft have received airworthiness tags from the CAAC. Sparton and L-3 Communications Reach Settlement Agreement Sparton Corp. has signed a settlement agreement to pay L-3 Communications Corp. $2.5 million on or before October 1, 2015, in consideration for dismissal of the complaint filed by L-3 Communi- cations last September 2, 2013. Digicom Electronics Expands Oakland, California EMS Facility Digicom Electronics Inc. has expanded its facility in Oakland, California in the San Francisco Bay area. In addition to doubling in size, Digicom has added even more advanced manufacturing equip- ment and additional personnel to increase manu- facturing capacity and capabilities.

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