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Lenthor Engineering, a California-based designer, manufacturer and assembler of rigid-flex and flex PCBs, announces its financial results for the third quarter (Q3 2017).
Total revenue for Q3 2017 came in at $6.806 million, up by 2% from the $6.722 million in Q3 2016. Strong revenue performance continues from Q2 2017, which came in at $6.207 million, and Q1 2017 coming in at $6.192 million. Profit totals for Q3 2017 continue to be strong with full year 2017 profit to be on pace to exceed levels reported in 2016.
Lenthor Engineering's strong financial position allows Lenthor to continue funding of its business expansion plans with capital expenditures in 2017 planned for $2.44 million. As part of that plan, Lenthor has expended $2 million to date in its assembly and fabrication area. The expenditures in assembly, which include both solder paste AOI and component AOI, along with a new pick and place line, provide Lenthor's customers with the level of quality assurance and throughput necessary in today's demanding and competitive marketplace.
Richard Barratt, JJS Manufacturing
The high degree of automation within the SMT methodology offers a variety of advantages, from automatic correction of errors, to simpler and faster assembly, better mechanical performance, increased production rates and reduced labor costs. In this first in a series of articles exploring SMT assembly, we highlight the specific attributes, and the vital importance, of the solder paste printing process for your NPI.
Barry Matties, I-Connect007
Mycronic recently announced the acquisition of Vi TECHNOLOGY, with the intent of combining VIT’s inspection technology with Mycronic’s jetting capabilities. In an interview with I-Connect007, Olivier Pirou, Managing Director of VIT, discusses more about the merger and how this will help VIT contend in such a competitive environment.
Neil Sharp, JJS Manufacturing
In today's increasingly competitive manufacturing environment, it's crucial that you are able to produce high quality new products that can be delivered on time, at the volumes required and at the right cost. And the key to ensuring a smooth transition from the initial design through to final manufacture is the implementation of a new product introduction (NPI) process.