PCB | October 05, 2007

Aspocomp in standstill arrangement

Finnish PCB Producer Aspocomp has agreed on a standstill arrangement with its Finnish bank creditors.

Aspocomp has agreed on a standstill arrangement with its Finnish bank creditors for the purposes of stabilizing the financial position of the company during the pending negotiations with a potential business partner. The standstill arrangement is in force until 30 November, 2007 unless earlier terminated by banks due to a material reason.

IPC issued a statement this week expressing support of the recently bi-partisan approval of the United States-Mexico-Canada Agreement (USMCA), and a strong desire for legislative approval by Canada, Mexico, and the U.S.

Nordson's Executive Vice President and Chief Financial Officer, Gregory A. Thaxton, plans to retire in 2020 after thirty successful years with the company, with the last 12 years as CFO.

KUKA is restructuring a subdivision in the Robotics segment that is responsible for automated manufacturing solutions such as cells and special machines.

PCB manufacturers in the D/A/CH region were able to increase sales sequentially in the third quarter of 2019 by 1.1%. However, sales figures are 11% lower than those recorded for the third quarter of 2018, reports the industry association ZVEI PCB and Electronic Systems.

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In order to measure the oxygen content reliably, LEDs with high performance, constant quality and low scattering are needed as light sources. Würth Elektronik offers suitable components.

Garz & Fricke GmbH continues to expand. As of late October, the business operations of the HMI and Panel PC specialist will be transferring to the new headquarters in in Hamburg-Harburg.

British Columbia-based TF Massif Technologies has announced the appointment of Tom Peregoodoff as the company’s new chief executive officer.

The U.S. Justice Department is looking into anti-trust issues concerning Google's bid to buy Fitbit Inc.

L3Harris Technologies received a USD 50 million follow-on delivery order for Falcon III AN/PRC-160 HF radios and related equipment from the U.S. Marine Corps .

South African energy storage company, Metair Investments, says that its Romanian units Prime Batteries and Rombat have completed the installation of the group's first Lithium-Ion battery cell manufacturing and assembly facility in Bucharest, Romania.

An GBP 80 million Cardiff University powerhouse for Welsh scientific research has been ‘topped out’ by Bouygues UK – backed by over GBP5 million support from Welsh Government and industrial partners.