SMT007 Magazine

SMT-June2016

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20 SMT Magazine • June 2016 Celestica's Q1 2016 Financial Results Within Guidance Celestica Inc. has reported revenue of $1.353 bil- lion for the first quarter of 2016, up by 4% com- pared to the same period last year, and well with- in the company's previously provided guidance range of $1.3 billion to $1.4 billion. Vexos Dongguan Receives Business Management Award EMS firm Vexos Dongguan was the recipient of the Dongkeng Excellent Business Affairs Manage- ment Enterprise Award for 2015. Exception EMS' On-Demand Fast Turnaround Service Sees Major Growth Exception EMS has invested in a third SMT line to support the growth within its dedicated On-De- mand manufacturing facility in line with the 50% increase in its On-Demand service during the past 12 months. HANZA Posts 27% Sales Growth for 1Q 2016 EMS firm HANZA Holding has reported profitable growth, with significant improvement in earnings and additional new customer projects, for the first quarter of 2016. Plexus Names Todd Kelsey to Succeed Dean Foate as CEO Todd Kelsey, executive vice president and chief op- erating officer of Plexus, will succeed Dean Foate as president and CEO on October 2, 2016. Foate intends to retire at the end of fiscal year 2016. Kitron Posts Continued Growth, Solid Order Backlog in Q1 2016 Kitron ASA has reported growth in revenue and or- der backlog, as well as continued improvement in underlying profitability. IEC Celebrating 50th Anniversary IEC Electronics Corp. will mark its 50th anniversary with several events throughout 2016, including Founder's Day recognition at the company's cor- porate headquarters in Newark, New York as well as celebrations later this year at each of its facili- ties in Newark and Rochester, New York, and Albu- querque, New Mexico. API Technologies Announces Completion of Acquisition by Affiliate of J.F. Lehman & Company API Technologies Corp. recently announced the successful completion of its acquisition by an affili- ate of private equity firm J.F. Lehman & Co. OCM Manufacturing Expands Prototyping Capability with New Pick and Place System Contract manufacturer OCM Manufacturing of Ot- tawa has added a new pick and place system to its roster of electronics manufacturing equipment, enhancing the process of surface mounting devic- es onto printed circuit boards and expanding the firm's electronics prototyping capability. Sanmina Reports Q2 Fiscal 2016 Revenue of $1.61B Sanmina has posted revenue of $1.61 billion for the second quarter of fiscal 2016, up from $1.53 billion in the prior quarter and $1.53 billion for the same period of fiscal 2015. MilAero007 Highlights

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