Reading time ( words)
Lenthor Engineering, a California based designer, manufacturer and assembler of RIGID-FLEX and FLEX printed circuit boards, announces its 2016 year end financial results.
Total revenue for the full year 2016 came in at $27.1M compared to $19.9M in 2015 a 37% increase. Strong performance was reported for Q4 2016 with revenue totaling $6.4M compared to Q4 2015 results of $6.2M representing a 3% increase. Profit totals for both Q4 2016 and full year 2016 also reported in as strong reflected full year revenue results.
Lenthor Engineering continues funding of its business expansion plans with capital expenditures in 2017 planned for $2.2M. As part of that plan Lenthor has expended $1M to date in its Assembly and Fabrication area. The expenditures in Assembly which include both Solder Paste AOI and Component AOI provide Lenthor’s customers with the level of quality assurance necessary in today’s demanding and competitive marketplace.
Barry Matties, I-Connect007
With China’s recent shift towards quality, the next generation of PCB fabrication equipment must target yields and include the ability to track those yields, says Schmid’s Laurent Nicolet and Demitry Kostouros. Barry Matties recently sat down with these two gentlemen to talk more about the market shift and Schmid’s introduction of their new vertical line aimed at carving a niche in the market.
Gene Weiner, Weiner International Inc.
Hold on to your seats! 2018 will be a year full of rapid changes, surprises, and growth. M&A activities will flourish. The supply chain will suffer shortages and changes as demand increases, copycats will rush to market, and new markets and potential suppliers will vanish before they are established.
Patty Goldman, I-Connect007
I met a lot of interesting people at productronica, with an assortment of different products on display. Such was my visit with Oyvind Tafjord, CEO of Visitech. His purpose at the show was to meet with his customers, so nothing unusual about that. But his customers also had booths (or stands, as they call them), which is an advantage for him, as he explains here.