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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 re...
New York United States T Ai Pei Ann Wang Delta Electronics Instruments Corp

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 re...
New York United States T Ai Pei Ann Wang Delta Electronics Instruments Corp

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

To embed, copy and paste the code into your website or blog: 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 pur...
Mark Whiteside Organization Technician Supreme Court Instruments Corp Davis Inc Fox Rothschild

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