42 SMT Magazine • December 2016
NEO Tech Invests in New Capabilities and
Expands Capacity at Otay Mesa Site
NEO Tech continues to invest in infrastructure,
equipment, processes, and personnel at its Otay
Mesa manufacturing site in Tijuana, Mexico.
Cirtronics Installs Powerful 3D
AOI Solution for Accurate Inspection
Results
Cirtronics has added Viscom's S3088 ultra blue
AOI system to each of their production lines in its
facility in Milford, New Hampshire.
Kitron Lands IBA Contract for
Lockheed Martin's F-35 Program
Kitron has received a multimillion dollar contract
from Lockheed Martin for production of Integrat-
ed Backplane Assembly (IBA) for the F-35 Low Rate
Initial Production program, LRIP 11.
MC Assembly Expands Market Reach
MC Assembly has signed new business contracts
across its three North American manufacturing fa-
cilities this year that give the company an expand-
ed reach in the aerospace/defense, industrial and
telecommunications market sectors.
Sparton and Ultra Electronics JV
Awarded $4.1M in Contracts
Sparton Corp. and Ultra Electronics USSI, a subsid-
iary of Ultra Electronics Holdings plc, announce the
award of subcontracts valued at $4.1 million from
their ERAPSCO/SonobuoyTech Systems joint ven-
ture.
Celestica 3Q Revenue Up 10% YoY
Celestica Inc. has reported revenues of $1.55 bil-
lion for the third quarter ended September 30,
2016, an increase of 5% sequentially and 10%
compared to the third quarter of 2015.
IEC to Cut 73 Jobs in Newark Facility
IEC Electronics Corp. has confirmed a workforce re-
duction of approximately 73 full time employees at
its Newark, New York facility.
Sparton Releases 1Q FY2017 Results
Sparton Corp. has announced net sales of 100.4
million, with gross profit margin of 17.2%, for the
first quarter of fiscal year 2017 ended October 2,
2016.
Kitron Posts Stable Top Line and
Continued Operational Improvements
Kitron's revenue in the third quarter amounted to
NOK463 million, compared to NOK468 million in
the third quarter last year.
Plexus Reports FY2016 Revenue
of $2.6B
Plexus has announced financial results for its fiscal
fourth quarter ended October 1, 2016, and guid-
ance for its fiscal first quarter ending December 31,
2016.
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Highlights