Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Honeywell Sells Advanced Circuits Business
Dec 27, 2002
 Printable format
 Email this Article
 Search

Honeywell International Ltd. said on Thursday that its specialty materials unit has sold its Advanced Circuits business, a supplier of printed circuit board products to the telecom and computer industries, to Redmond, WA, U.S.-based TTM Technologies.

TTM said it paid about U.S. $2 million for Advanced Circuits, which employs about 700 workers at its only facility in Chippewa Falls, WI, U.S. According to TTM, Advanced Circuits has fourth-quarter estimated annualized revenue of up to $90 million.

Honeywell said the deal reflects its emphasis to focus on key businesses. It also said last week it would take an impairment charge of up to $700 million at its specialty and friction materials businesses. The after-tax charge reflects a write down of assets in businesses serving the fibers, telecommunications, power, and automotive industries. (Reuters)

Back to Daily News

 

Daily News

...........................................................

Oct 21, 2014: AHRI Annual Meeting Registration Remains Open

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: Corrected: AHRI Annual Meeting Registration Remains Open

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows