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Article: North American PCB industry makes some moves.(Market Outlook)(Printed circuit boards)
- Article from:
- CircuiTree
- Article date:
- June 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TTM Technologies' CEO Kent Alder summed up the North American business climate (for non-niche players) in TTM's1Q'05 financial report: "Market demand was relatively stable in the first quarter of 2005, albeit with slightly greater than expected pricing pressure."
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"Big news" has been more prevalent lately for our industry. Leading the way was Merix--first buying Data Circuits Systems and then spending over $120 million on Eastern Pacific Circuits. Merix is now a $350 million multinational PCB maker with five Asian plants (Chart 1).
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Other recent "actions" include ...