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Delta Electronics to buy US firm amid expansion push

Power and thermal management solutions provider Delta Electronics Inc (台達電) on Saturday said it would acquire US-based Universal Instruments Corp for US$88.9 million.
Taking over the precision automation solutions company would boost Delta’s smart manufacturing and industrial automation capabilities, and generate substantial research-and-development and customer base synergies, the Taipei-based firm said.
“Universal Instruments has a remarkable track record and long-lasting customer relationships in the electronics manufacturing field, which is a key focus of Delta’s industrial automation business,” Delta chief executive officer Cheng Ping (鄭平) said.
Headquartered in Conklin, New York, Universal designs and manufactures automation and assembly equipment solutions for electronics manufacturers. The ....

New York , United States , T Ai Pei , Ann Wang , Delta Electronics , Instruments Corp , Trihedra Engineering Ltd , Delta Electronics Inc , Capital Investment Management Corp , Chen Cheng Hui , Universal Instruments Corp , Cheng Ping , Investment Management Corp , The Taipei Times ,

Delta Electronics to buy US firm amid expansion push

Power and thermal management solutions provider Delta Electronics Inc (台達電) on Saturday said it would acquire US-based Universal Instruments Corp for US$88.9 million.
Taking over the precision automation solutions company would boost Delta’s smart manufacturing and industrial automation capabilities, and generate substantial research-and-development and customer base synergies, the Taipei-based firm said.
“Universal Instruments has a remarkable track record and long-lasting customer relationships in the electronics manufacturing field, which is a key focus of Delta’s industrial automation business,” Delta chief executive officer Cheng Ping (鄭平) said.
Headquartered in Conklin, New York, Universal designs and manufactures automation and assembly equipment solutions for electronics manufacturers. The ....

New York , United States , T Ai Pei , Ann Wang , Delta Electronics , Instruments Corp , Trihedra Engineering Ltd , Delta Electronics Inc , Capital Investment Management Corp , Chen Cheng Hui , Universal Instruments Corp , Cheng Ping , Investment Management Corp , The Taipei Times ,

In FLSA Claims, Second Circuit Tightens Pleading Standard To Extend Statute Of Limitations | Fox Rothschild LLP


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In a victory for employers, the Second Circuit held that plaintiffs seeking to invoke the expansive three-year statute of limitations in the Fair Labor Standards Act (FLSA) must plead specific facts to support a claim that an employer willfully violated the law.
The FLSA statute has two limitations periods. In general, claims must be filed within two years of their occurrence. However, if an employee can show that the employer’s purported FLSA violations were willful – that the employer acted with reckless disregard for the law or was grossly negligent – the limitations period expands to three years. ....

Mark Whiteside , Organization Technician , Supreme Court , Instruments Corp , Davis Inc , Fox Rothschild , District Court , Second Circuit , Fair Labor Standards Act , Universal Instruments Corp , Quality Engineer , Repair Organization Technician , Tenth Circuit , குறி வெள்ளைப்பக்கம் , உச்ச நீதிமன்றம் , கருவிகள் கார்ப் , டேவிஸ் இன்க் , நரி ரோத்ஸ்‌சைல்ட் , மாவட்டம் நீதிமன்றம் , இரண்டாவது சுற்று , நியாயமான தொழிலாளர் தரநிலைகள் நாடகம் , உலகளாவிய கருவிகள் கார்ப் , தரம் பொறியாளர் , பத்தாவது சுற்று ,