Sager Honored by Honeywell

MIDDLEBOROUGH, Mass. — Sager Electronics, the electronic distribution industry's leading privately held, employee-owned company, was recognized by Honeywell Sensing and Control (S&C) for their achievements in the winning of new business opportunities. Honeywell S&C presented Sager with the gold award for New Business Wins at their 2011 Americas Sales Kick-off held this week in Orlando,…

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Supply Chain Guru at Apple’s Helm

While everyone has been wondering about the fate of {complink 379|Apple Inc.} and how it will continue its fast-paced growth, given the recent double-shot headline news about its CEO and its December-quarter results, I’ve got to say I’m feeling congratulatory — and even a bit smug. (See: Apple’s Jobs to take Medical Leave of Absence…

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Flextronics Reports Q3

SINGAPORE — Flextronics (Nasdaq: FLEX) today announced results for its third quarter ended December 31, 2010 as follows: Third Quarter Results Net sales for the third quarter ended December 31, 2010 increased 19% to $7.8 billion compared to net sales for the quarter ended December 31, 2009 of $6.6 billion. Adjusted operating income increased $43…

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Anticipating China’s Finest Hour

Chinese President Hu Jintao presides over a country still shrouded in mystery as far as the outside world is concerned. Poverty resides side-by-side with extreme wealth, the downtrodden with extremely powerful party bosses, and multinational businesses with mom-and-pop vendors, artisans, and factory laborers. You can find enough to both celebrate and mourn in China. The…

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Want a Pay Raise? Then Prepare to Move

The best way to get a pay increase this year, according to an annual tech-salary survey, is to move to a different company or to Silicon Valley. Career site Dice.com, which specializes in technology and engineering professionals, reports tech workers, on average, garnered salary increases of 0.7 percent in 2010, to $79,384 from $78,845 in…

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GE Announces China Deals

FAIRFIELD, Conn. — General Electric Company (NYSE: GE), the world’s premier technology and infrastructure company, plans to sign five agreements with Chinese partners this week, totaling more than $2 billion in revenue for GE, the nation’s second-largest manufacturing exporter. The five joint ventures, partnerships and orders in strategic sectors such as clean energy, aviation and…

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IDEX Acquires Advanced Thin Films

LAKE FOREST, Ill. — IDEX Corporation (NYSE: IEX) today announced that it has entered into a definitive agreement to purchase Advanced Thin Films, LLC (ATFilms). ATFilms, with approximately $9 million in revenue, specializes in optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing. ATFilms’ core competence…

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Plexus Reports Q1

NEENAH, Wis. — Plexus Corp. (Nasdaq:PLXS) today announced: Q1 Fiscal 2011 Results (quarter ended January 1, 2011): • Revenue: $566 million, relative to guidance of $550 to $580 million • Diluted EPS: $0.61, including $0.06 per share of stock-based compensation expense, relative to guidance of $0.56 to $0.62 Q2 Fiscal 2011 Guidance: • Revenue: $540…

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