BNET Industries
Last Fiscal Year Sales:$299.9M
- Private
- US
Dow Jones Description
Supplies circuit board prototyping and multilayer boards, with high volume quickturn capacity and offshore manufacturing facilities.
Number of Employees 1
Peer Companies
NAICS Code Bare Printed Circuit Board Manufacturing: 334412
News & Analysis
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photocircuits corp. - All News and Analysis
Photocircuits exits bankruptcy after private equity investment made
In a deal that saves 850 jobs and prevents 23 acres of industrial land from becoming vacant, Photocircuits Corp. formally announced its exit from bankruptcy on Tuesday thanks to a private equity investment made by a West Coast firm.San Bernadino, Calif.-based American Pacific Financial Corp. invested a total of $50.5...
American Pacific Financial Corp. buys Photocircuits' assets, forms
Six months after filing for bankruptcy, Photocircuits is about to be reborn.American Pacific Financial Corp., based in San Bernardino, Calif., is finishing up the $43 million financing deal that will end bankruptcy for Photocircuits, one of Long Island's largest privately held companies. Larry Polhill, the American Pacific president and chief...
Photocircuits Corp. to emerge from bankruptcy
Photocircuits Corp. called off a Thursday news conference announcing its emergence from bankruptcy. Photocircuits is still finalizing its court-sanctioned sale to American Pacific Financial Corp., based in San Bernardino, Calif. The sale would end a prolonged period of uncertainty for the circuit- board printing company. The move is...
Photocircuits Corp.'s Atlanta facility damaged by burglars
Burglars attempting to steal $5,000 in copper wire from Photocircuits Corp.'s closed suburban Atlanta facility over the weekend dealt $60,000 in damage to the building. The Peachtree City Police Department arrested two men in connection to the incident, according to the Atlanta Journal- Constitution. The two men damaged...
Two Long Island companies, Photocircuits and Levitz, file for
Photocircuits and Levitz file for bankruptcy ahead of new rules GLEN COVE - It seemed like a good day for Long Island manufacturing last December when Gov. George Pataki hailed Photocircuits' decision to move jobs from Georgia to Long Island. Armed with discounted...
Long Island-based Photocircuits for sale
Photocircuits is in talks with venture capital funds that may seek to pull the company out of bankruptcy, according to the firm's chief financial officer.James Zerby, CFO for the firm, which declared bankruptcy Oct. 14, didn't identify the funds, but said he believed an offer could be fairly imminent. ...
Long Island-based Photocircuits files for bankruptcy
Photocircuits Corp., one of Long Island's largest private firms, has filed for Chapter 11 bankruptcy protection.The company, which supplies circuit boards, filed its petition in the Eastern District of New York Oct. 14, the last business day before the new bankruptcy law took effect. The company, in the filing, listed...
Photocircuits Corp. laying off workers in Georgia after consolidation
Photocircuits Corp. is laying off 525 workers in Georgia and revamping its business model in the wake of its decision to consolidate in Glen Cove, an executive said. Chief Financial Officer Jim Zerby said that about 75 workers out of an employee pool of 600 would remain at...
Agencies unite to keep Photocircuits in Glen Cove
State, county and local officials are in intense talks with Photocircuits Corp. as they seek to stop the maker of printed circuit boards from taking about 1,130 jobs off Long Island. The closely held company, ranked the No. 6 domestic maker of printed circuit boards based on 2003...
CMK has equity in Photocircuits. (News).(Brief Article)
CMK Corp. (www.cmk-corp.com) has taken an equity stake in the privately held Photocircuits Corp. [www.photocircuits.com]. Under the terms of the transaction, CMK will purchase Photocircuits' debt with the expectation of converting it into equity stock in Photocircuits. Through Photocircuits, CMK gains immediate market presence and...
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