Interlink Electronics Inc. announced on Tuesday a strategic partnership with a Singapore company that produces plastic components to develop new sensor-technology products.
The Camarillo company is partnering with Fischer-Tech Ltd. to accelerate commercializing of products using Interlink touch-screen technology
Interlink makes touchpads and computer mouse products for rugged environments such as oil refineries, automobile assembly lines and machine shops, as well as for medical device and automotive uses.
Fischer-Tech manufactures plastic components used in the consumer electronics, automotive, computer, and health care industries. It has facilities in Singapore, Malaysia, Thailand and China.
“This unique industry partnership reinforces Interlink’s strategic and rapid expansion in the Asia Pacific region anchored by our global R&D center in Singapore and printed electronics manufacturing facility in China,” said Chief Executive Steven Bronson in a prepared statement.
Shares, which trade over the counter, were unchanged at $8.50.
Salem Communications Corp. announced on Tuesday it will increase its quarterly cash dividend to 6.5 cents a share, up from 6.25 cents last quarter.
The Camarillo company, which owns radio stations and publishes books for the Christian and conservative audiences, will pay the dividend on Dec. 29 to shareholders of record on Dec. 15.
Last month, the company announced a 19 percent increase in revenue in the third quarter, though net income fell 30 percent to $3.7 million (14 cents a share).
Shares closed up 27 cents, or 3.5 percent, to $$7.91 on the Nasdaq.
Ryland Homes opened a housing development in suburban Maryland, the company announced on Tuesday.
The Westlake Village homebuilder will offer homes with up to four bedrooms at Parkside in Upper Marlboro, with prices starting around $400,000. Townhomes with up to three bedrooms will start around $300,000.
The development will include a clubhouse, spa, swimming pool and walking trails.
Shares closed up 25 cents, or a fraction of a percent, to $38.56 on the New York Stock Exchange.