CONEC Adds Heilind to Distribution Network

GARNER, N.C. — CONEC, a manufacturer of high-quality electronic connectors, has announced a new distribution agreement with Heilind Electronics (Wilmington, MA), the largest specialty interconnect distributor. All of CONEC's connector products will now be available through Heilind's distribution network. “Heilind is a valuable addition to CONEC's sales channel as we continue our mission of providing…

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Toshiba Answers India’s Call

{complink 5648|Toshiba Corp.} has announced plans for a major expansion of its manufacturing operations, sales, and brand-marketing program in India, responding both to rising demand for digital products in the country and also to recent appeals from the government for local production of high-tech equipment in the world's second-most populous nation. Over the next nine…

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Freight Rates Are on the Rise

Airline passengers were the first to feel the effects of increased oil prices as surcharges were quickly added to ticket fares in March. Now, the other shoe is (quietly) dropping: UPS last week announced it would increase its North America shipping rates by 6.9 percent, and FedEx's US shipping rates were raised by 3.9 percent…

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Biting the Hand That Feeds You

When I read the news this morning that GE's Healthcare division intends to move the headquarters for its global X-ray business from Waukesha, Wis., to Beijing, I was struck by the irony. Earlier this month, {complink 8019|General Electric Co.} CEO Jeff Immelt — who in January was named by President Obama to be chairman of…

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It’s July: Are You Ready for Christmas?

The latest consumer electronics products often rank high on shoppers' wish-lists during the holiday season, making it the busiest time of year for many high-tech and electronic retailers. But the holidays start even earlier for manufacturers. Manufacturers are charged with supplying the right inventory at the right time for the right customers. The high-tech and…

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AMD Reports Q2

SUNNYVALE, Calif. — AMD (NYSE:AMD) today announced revenue for the second quarter of 2011 of $1.57 billion, net income of $61 million, or $0.08 per share, and operating income of $105 million. The company reported non-GAAP net income of $70 million, or $0.09 per share, and non-GAAP operating income of $114 million. “In the first…

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Amphenol Reports Q2

WALLINGFORD, Conn. — Amphenol Corporation (NYSE:APH) reported today second quarter 2011 diluted earnings per share of $.85 compared to $.74 per share for the comparable 2010 period. Such per share amount for the 2011 quarter includes an $18 million ($11 million after tax), or $.06 per share gain related to the adjustment of a contingent…

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