Killingly technology manufacturer Rogers Corp. says it's freezing its contributions to its employees' pension plans starting this summer, under its overall plan to save $12 million by the first quarter of 2014.
Rogers Corp. swung its first-quarter net back to black on the Killingly technology maker's strong sales of its advanced printed-circuit materials and shock-proof components for cellphones and other portable devices.
Killingly manufacturer Rogers Corp. lowered its expectations for its first-quarter profit, saying demand fell and spending increased for a new production line, The Associated Press reports.
Killingly specialty-products manufacturer Rogers Corp. rode the cresting wave of demand for smartphones, tablets and other high-margin electronics to post soaring fourth-quarter and 2012 profits.
Killingly specialty-products maker Rogers Corp. says its December sales plummeted amid customer uncertainty over the U.S. “fiscal cliff'' budget affair, forcing it to lower its fourth-quarter revenue outlook.
Rogers Corp. got a tax break that enabled the Killingly manufacturer to overcome lower third-quarter sales and operating earnings and post net income that was slightly better than Wall Street expected.