SPOKANE VALLEY, Wash., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Key Tronic Corporation, a provider of electronic manufacturing services (EMS), is expanding its clean-tech manufacturing operations in Arkansas, establishing its flagship manufacturing and research and development location in Springdale. The company anticipates investing more than $28 million in the new facility and expects to create over 400 new jobs in the next five years. "We are pleased to announce the expansion of our U.S. manufacturing operations in Northwest Arkansas. Our new center of excellence in Springdale will provide both our employees and customers with cutting-edge technology and the increased capacity necessary

SPOKANE VALLEY, Wash., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq KTCC), a world class provider of manufacturing and design engineering services, today announced that it plans to significantly increase production capacity in Arkansas and Vietnam in order to continue to benefit from the growing customer demand for rebalancing their contract manufacturing. This expansion is also expected to help mitigate the adverse impact and uncertainties surrounding the recently announced tariffs on goods manufactured in China and Mexico. In Arkansas, the Company has signed a new lease to significantly increase the size of its current manufacturing footprint by June 2025. In Vietnam

SPOKANE VALLEY, Wash., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended December 28, 2024. These results are in line with the updated guidance provided on January 24, 2025. For the second quarter of fiscal year 2025, Key Tronic reported total revenue of $113.9 million, compared to $147.8 million in the same period of fiscal year 2024. The lower than anticipated revenue and earnings for the second quarter of fiscal year 2025 are primarily due to unexpected shortages for specific components managed by a large customer, lower-than-expected production during the holi

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SPOKANE VALLEY, Wash., June 20, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC) today announced that, in connection with the previously disclosed retirement of Craig D. Gates, the Company's President and Chief Executive Officer, Mr. Gates will transition to the role of technical advisor, effective June 30, 2024. In this role, Mr. Gates will provide technical advice to the Company and transition support to the Company's new President and Chief Executive Officer, Brett R. Larsen. Mr. Gates will also continue as a member of the Company's Board of Directors. Mr. Gates stated, "I am delighted to be able to support the Key Tronic team as a technical advisor. I intend to remain inv

President and Chief Executive Officer Craig D. Gates to retireBrett R. Larsen to be promoted immediately to Chief Operating Officer, and to President and Chief Executive Officer on June 30, 2024Anthony ("Tony") G. Voorhees to be promoted to Executive Vice President of Administration, Chief Financial Officer and Treasurer on June 30, 2024Chairman of the Board Patrick Sweeney retiring from the Board of Directors; continuing to serve the Company in an emeritus statusBoard Member Ronald F. Klawitter to act as Chairman of the BoardCheryl Berenak, founding member and CEO of Clearfield Communications, appointed as a new member of the Board SPOKANE VALLEY, Wash., Jan. 09, 2024 (GLOBE NEWSWIRE) --

BERKELEY, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or "the Company") (NASDAQ:RGTI), a pioneer in hybrid quantum-classical computing systems, today announced that Dr. Subodh Kulkarni will join the Company as President and Chief Executive Officer, effective December 12, 2022. Dr. Kulkarni succeeds Dr. Chad Rigetti in the CEO role, and the Company expects that Dr. Kulkarni will be appointed to its board of directors following Dr. Rigetti's previously announced departure from the Company's board of directors on December 15, 2022. Following the appointment of Dr. Kulkarni, Mr. Rick Danis, who held the interim CEO role during the transition period, will resume

SPOKANE VALLEY, Wash., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended December 28, 2024. These results are in line with the updated guidance provided on January 24, 2025. For the second quarter of fiscal year 2025, Key Tronic reported total revenue of $113.9 million, compared to $147.8 million in the same period of fiscal year 2024. The lower than anticipated revenue and earnings for the second quarter of fiscal year 2025 are primarily due to unexpected shortages for specific components managed by a large customer, lower-than-expected production during the holi

SPOKANE VALLEY, Wash., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), announced today that it plans to report its results for the second quarter of fiscal 2025 after market close on February 4, 2025. Key Tronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) on February 4, 2025. A broadcast of the conference call will be available at www.keytronic.com under "Investor Relations" or by calling 888-394-8218 or +1-313-209-4906 (Access Code: 2254355). A replay will be available at www.keytronic.com under "Investor Relations". About Key Tronic Key Tronic is a leading contract manufacturer offering value-added design an

SPOKANE VALLEY, Wash., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Key Tronic Corporation (NASDAQ:KTCC), a provider of electronic manufacturing services (EMS), today announced its preliminary results for the second quarter of fiscal year 2025 ending December 28, 2024. For the second quarter of fiscal year 2025, Key Tronic anticipates reporting revenue of approximately $114 million, and a net loss of approximately $0.40-$0.48 per share, both of which are below previous guidance. The lower than anticipated revenue and earnings for the second quarter of fiscal year 2025 are primarily due to the impact from unexpected component shortages, lower-than-expected production during the holiday season, and re

SC 13G/A - KEY TRONIC CORP (0000719733) (Subject)

SC 13G/A - KEY TRONIC CORP (0000719733) (Subject)

SC 13G/A - KEY TRONIC CORP (0000719733) (Subject)