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ARCHIVE >  June 2014 Issue >  Business News > 

Ametek to Acquire Zygo Corporation

Berwyn, PA — Ametek, Inc. (NYSE: AME) and Zygo Corp. (Nasdaq: ZIGO) have entered into a definitive merger agreement under which Ametek will acquire all of the outstanding shares of common stock of Zygo for cash, with an aggregate enterprise value of the transaction of approximately $280 million. The transaction ...

Cornell Dubilier Buys Axial Film Lines from SB Electronics

New Bedford, MA — Cornell Dubilier Electronics, Inc. has acquired the axial film capacitor product lines from capacitor maker, SB Electronics of Barre, VT. The acquisition will expand the company's film capabilities by adding a 125°C rated series and higher voltage ratings up to 5000VDC. Using polyester and ...

Juki's Complete Line Solutions Concept Piques Interest at APEX

Morrisville, NC — Juki Automation Systems (JAS), Inc. successfully launched its Complete Line Solutions at the recent IPC APEX EXPO. Booth traffic and new product interest reportedly exceeded the company's expectations. Company representatives demonstrated three lines: a high-speed line, a high-mix line, and ...

Mictrotek Labs to Open European Test Lab at Gen3 Facility

Farnborough, UK — Gen3 Systems Limited, a specialist British manufacturer and distributor, and Microtek Laboratories Inc., a resource for independent testing and verification services, plan to jointly open a new European Test Lab in Q2 2014. The European Test Lab will be located at Gen3 Systems' facility in ...

Nordson ASYMTEK Pres. Bierhuis Invited to Join IPC SMEMA

Carlsbad, CA — Pieter Bierhuis, president of Nordson ASYMTEK, a Nordson company (NASDAQ: NDSN), has been invited to join the IPC Surface Mount Equipment Manufacturers Association Council (SMEMA). The Council furthers the competitive excellence and financial success of suppliers to the electronics assembly industry ...

OK International Invests in 3D Printing Company

Garden Grove, CA — OK International has closed on a minority investment and product development agreement with 3D printing company TierTime Technology Co. Ltd of Beijing, China. OK International also has launched Quant 3D, a new brand focused on 3D printing for the professional and industrial markets. The Quant ...

Passing the Baton: Sikama Founder Sig Wathne Retires; Son Kail New Prexy

Santa Barbara, CA — Sigurd "Sig" Wathne has retired from his post as president at Sikama International Inc. His son, Kail Wathne, assumes the role of President. Sig and Kail started the company in 1982 as a partnership. In October 1990, they formed a corporation, Sikama International Inc. From the ...

Photo Stencil Acquires 3rd Laser Cutting Stencil System in Mexico

Colorado Springs, CO — Photo Stencil, LLC, a full-service provider of high-performance stencils and tooling, has just taken delivery at its facility in Guadalajara, Mexico of its third system for laser cutting stencils. The Tannlin TX with automatic optical inspection increases the company's stencil production ...

Quik-Pak Expands Enhanced Molding and Assembly Services

San Diego, CA — Quik-Pak, a provider of IC packaging, wafer processing, and advanced assembly services, has expanded its transfer molding and assembly capabilities to accommodate the increased demands of innovative companies in the wireless electronics and solar industries. Quik-Pak's newly expanded manufacturing ...

Seika Machinery: 20th Anniversary at APEX

Torrance, CA — Seika Machinery, Inc., a provider of advanced machinery, materials and engineering services, held what it termed a hugely successful 20th anniversary celebration during the recent IPC APEX EXPO. The company commemorated this anniversary with a special Taiko drum presentation at its booth. Several ...

Sensirion Liquid Flow Sensor Flies to Space Station

Staefa, Switzerland — The latest supply rocket to the International Space Station (ISS) carried a liquid flow sensor from Sensirion AG. The sensor is part of a research project by Minnehaha Academy in Minnesota that is investigating the impact of microgravity on the effectiveness of liquid flow. ...

Wacker Opens Rep Office in the Philippines

Munich, Germany — Wacker, the Munich-based chemical company, is strengthening its presence in South East Asia by opening a Philippine representative office in Manila. The new office will distribute products of the chemical business divisions Wacker Silicones, Wacker Polymers and Wacker Biosolutions, catering ...
 
 
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