The Cleveland Foundation awarded $111 million in grants this year, a 6.7% increase over 2018, according to a news release.

The foundation's board of directors announced on Friday, Dec. 20, that it had approved $39 million in grants in the fourth quarter of the year. The grants support residents in Cuyahoga, Lake and Geauga counties.

The growth over the prior year was due in part to $60 million from donor-advised grantmaking and supporting organizations. Combined with the remaining $51 million in board-directed grants from the foundation's endowment, the community investment "reflects a long-standing commitment by the foundation and its donors to address the areas of greatest need in our community," according to the release.

"It's humbling to know that the foundation and our donors have yet again surpassed the $100 million mark for the year capping off a decade in which our mission-driven giving returned more than $1 billion back to the Greater Cleveland community," India Pierce Lee, Cleveland Foundation senior vice president for program, said in a prepared statement. "This quarter's funding was focused on residents at all stages of life: from helping our youngest residents both in and out of school, to assisting seniors with safe housing and access to food."

Grants approved in the fourth quarter include the following:

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Cleveland Foundation invested $111 million in the community this year - Crain's Cleveland Business

Major news outlet CNN has touted Bitcoin as the star investment of the decade, eclipsing stocks, bonds, commodities, and (of course) fiat currencies worldwide.

CNN backed its claim with numbers provided by Bank of America Securities, which showed a tiny $1 investment in Bitcoin at the start of 2010 would be worth more than $90,000 today (or, considering its latest price dives, until quite recently).

Still, regardless of its recent performance, Bitcoin dominated more traditional investments. Even though the US stock market is the strongest in the world, $1 in American stocks at the start of the decade would now reportedly be valued at just $3.46.

One dollar invested in a 30-year US treasury bond over the same time period would now be worth $2.08.

Gold, however, was reportedly the top commodity of the 2010s (aside from Bitcoin, of course). A$1 gold investment in 2010 is said to be worth just $1.34, while the same in oil would equate to 74 cents.

CNN listed some terrible investments, too. A dollar in Myanmar currency at the start of the decade would now reportedly be worth a measly 4 tenths of one US cent today.

Thanks to Greeces debt crisis, 100 cents in the Greek equity market would now equate to only seven cents.

While BTCs value indeed went from fractions of a penny to thousands of dollars today, itll surely be hard to defend its title of best investment of the decade.

Now, Bitcoin faces its next test: the 2020s.

This is not investment advice. This is for educational purposes only. Do your own research, damnit. No, really, dont buy Bitcoin because you read this article. Past performance is not indicative of future results. Im not even qualified to tell you that. See what I mean? Do your own research. Please.

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CNN: Bitcoin was the best investment of the decade - The Next Web

While Goldman Sachs, one of the largest investment enterprises in the world, has caved to radical environmentalists by saying the company wont invest in Alaskas Arctic oil, its investing heavily in oil development in the Russian Arctic.

Goldman Sachs, in fact, is investing in unregulated dirty oil.

[Read: Goldman Sachs redlines Alaska]

The bank is pouring its resources into the independent Irkutsk Oil Company, known as INK. Along with the European Bank for Reconstruction and Development, Goldman Sachs is a minority shareholder in INK, which operates the Yarakta oil field in Irkutsk, as well as in Republic of Sakha (Yakutia) in Siberia.

In Russia, environmental laws are merely suggestions. There is little enforcement and the industry is notorious for leaks, spills, and contamination, especially in far-flung Siberia. Corruption is just a cost of doing business in Russia, and Goldman Sachs is a party to that system of doing business, and the U.S. government cant do a thing about it.

INK is not subject to the U.S. sectoral sanctions that apply to Russias biggest energy firms and which place restrictions on the type of financing they can attract from Western creditors. INKs minority shareholders include Goldman Sachs and the European Bank for Reconstruction and Development (EBRD), according to a report from Reuters in April.

[Read: Upstart Russian oil company with Goldman Sachs backing]

Goldman Sachs Internationalhas a 3.75 percent stake in INK, which works in both the Irkutsk region and the Republic of Sakha (Yakutia) in eastern Siberia.

INK told Reuters that it plans to invest $3-4 billion into the Arctic oil field over the next three years, and develop more of its gas business with four new processing plants.

Building up the Russian oil industry while taking a pass on Alaskas Arctic is just another calculation on profitability for Goldman Sachs. But its decisions, profitable as they may be, have global consequences, both environmentally and geopolitically.

Earlier this year, when Irans oil was cut off from Syria by the impounding of an Iranian tanker, the war-torn country looked to Russia for help.

Analysts predicted the move would make Syrian President Bashar al-Assad even more dependent on Moscow and less able to withstand Russian demands. Russian oil, then, makes Russia more influential in that war-torn region of the Middle East.

The Kremlin has sought to wield the main influence over Syria and reap geo-strategic and business benefits from its military intervention in the eight-year Syrian war and its propping up of the Assad government, according to Voice of America.

[Read: Goldman Sachs-backed Russian oil firm plans expansion]

Goldman Sachs has a history of making deals with some of the worlds biggest polluters and baddest political actors. People like Moammar Qaddafi in Libya.

[Read: Hot Mess: How Goldman Sachs lost $1.2 billion of Libyas money]

According to Goldman Sachs oil analyst Michele Della Vigna, theres still money to be made in Big Oil. In our view, the first wave of final investment decisions will likely take the form of brownfield developments with quicker payback, particularly in West Africa, the Gulf of Mexico and the North Sea. We should see a strong recovery in the number of projects in 2019 and 2020, led by Big Oils deepwater and liquefied natural gas investments. We expect roughly $120bn in LNG projects during those two years as the industry catches up with the production gap resulting from four years of low investments and strong underlying demand, she said, in a Goldman Sachs publication.

In other words, the company is still investing in oil. But its investing in other countries, where regimes are corrupt and environmental organizations dont have influence.

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Staff and wire reports Published 12:16 p.m. ET Dec. 17, 2019 | Updated 5:13 p.m. ET Dec. 17, 2019

Ford Motor Company's Michigan Assembly Plant in Wayne in October 2013.(Photo: Kathleen Galligan, Detroit Free Press)

Ford Motor Co. is adding 3,000 jobs at two factories in metro Detroit and investing $1.45 billion to build new pickups, SUVs, and electric and autonomous vehicles, bringing into clearer focus the$6 billion in investments promised in its new contract with the UAW.

The promised investment at the two plantscomes with more than $35 million in tax incentives, most of which is related toa 10-year income tax capture valued atup to $26 million. The company's commitment, according to the Michigan Economic Development Corp.,is to create ormaintain at least 3,000 jobs with an average annual wage equal to or greater than$61,047, which is theregional average.

The company said Tuesday that about $750 million will go the Michigan Assembly Plant in Wayne, where 2,700 jobs will be added during the next three years.

Another $700 million will be invested in the truck plant in Dearborn,where 300 new jobs will be added.

Hiring will begin next year.

In its new deal with the UAW, negotiated this fall, the company has committed to adding or retaining 8,500 jobswith investments at 19 U.S. facilities.

Joe Hinrichs, Fords president of Automotive, touted the local Michigan investment while highlighting the bets the company is making on its present and future.

At Ford, we are investing aggressively in building on our strengths today including trucks and SUVs while at the same time expanding our leadership into electric and autonomous vehicles, Hinrichs said in a news release.

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The investment comes as the U.S. new vehicle sales cycle has peaked and appears to be leveling off at around 17 million vehicles per year.

Ford's third-quarter 2019 sales were down 4.9%, from 609,934 vehicles to 580,251, compared to the same quarter a year ago, with drops in car sales but increases in trucks and the Lincoln brand. But this comes asFord has been shifting its production away from cars to focus on more profitable trucks and SUVs.

Ford needs to invest in new products in an effort to increase market share and prepare for a shift to new propulsion and autonomous vehicle technologies.

The Wayne plant investment will used to build the new Ford Bronco SUV, as well as a new Ranger pickup. Investment at the plant also will result in a new center to modify and support autonomous and other vehicles.

The plant is expected to get a total investment of $1.1 billion over the four-year life of the contract, which would include addingstampingsfor anew Mustang.

Ford says the Dearborn plant will get the next generation of the F-150, as well as hybrid and electric versions of the truck. The investment includes battery assembly for the electric trucks.

Plant workers work are at work on the brand new 2015 F-150 at the Dearborn Truck Plant Tuesday, Nov. 11, 2014.(Photo: Regina H. Boone, Detroit Free Press)

The F-150 is the top-selling vehicle in the U.S. and is Fords franchise, generating most of the companys profits.

Workers at the Wayne plant will modify and finish Fords first autonomous vehicles starting in 2021, including the installation of self-driving technology and interiors built for autonomous travel, Ford said in a statement. The truck plant in Dearborn will build the new trucks as well as assemble battery cells into full packs for the hybrid and electric F-150s.

This article is from Free Press reporter Eric D. Lawrence and the Associated Press.

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Ford to invest $1.45 billion in 2 metro Detroit plants, add 3,000 jobs - Detroit Free Press

ELKHART Granger-based investment company Wait Industries LLC announced on Thursday plans to invest $3 million in its Elkhart plant.

The company will purchase $1 million worth of equipment, including the addition of a tube laser, CNC tube bending, robotic welding and upgraded power coasting capabilities.

The rest will be used to purchase the nearly 100,000-square-foot manufacturing facility to allow for the opportunity to make the building the way the company wants, according to Doug Wait, president of Wait Industries.

Wait Industries owns Voyager and M-3 and Associates, which both operate under the same facility at 2500 Ada Drive in Elkhart.

Founded in 1987, M-3 produces trailer ramp spring assist lift systems and pioneered the use of dual-spring systems. The company also distributes components and parts to the enclosed trailer and recreational vehicle markets, as well as HVAC, steel and aluminum pieces and other custom metal products.

Voyager was founded more than 40 years ago and specializes in high-quality steel fabrication. The company provides parts for many sectors, including medical, RV, automotive and furniture while serving clients nationwide. Voyager also has expertise in laser cutting, welding, metal forming, stamping and powder coating.

This investment will allow us to serve our existing customers with a more consistent and higher quality process and it improves our cost and should give us the capability to reduce our cost for our existing customers, Wait said.

The investment will be completed within six months.

The plant will still operate as new equipment is brought in, Wait said.

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Wait Industries to invest $3 million in Elkhart plant - The Elkhart Truth

HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford announced its policy on insuring and investing in coal and tar sands. The company will no longer insure or invest in companies that generate more than 25 percent of their revenues from thermal coal mining or more than 25 percent of their energy production from coal. In addition, the company will also stop insuring and investing in companies that generate more than 25 percent of their revenues directly from the extraction of oil from tar sands.

The world needs affordable, accessible energy to support global economic progress and, at the same time, action is needed to mitigate the impact such activity has on our climate, said The Hartfords Chairman and CEO Christopher Swift. Extreme weather affects peoples lives and businesses and the risks are getting worse. As an insurer and asset manager we recognize the growing cost of this crisis, and were determined to use our resources and influence to address the challenge. Thats why we have taken a position on coal and tar sands.

The policy parameters include:

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. Follow us on Twitter at @TheHartford_PR.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartfords legal notice.

HIG-C

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2018 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com, Twitter account at http://www.twitter.com/TheHartford_PR and Facebook at https://facebook.com/thehartford. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the Email Alerts section at https://ir.thehartford.com.

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The Hartford Announces Its Policy On Insuring, Investing In Coal, Tar Sands - Business Wire

For a few windy days in early October, I was one of 200 people who dropped off the map. I told my friends and family I was going to Philadelphia the terms of my registration prohibited me from telling them where, exactly and disabled my phones location services. It was here, at an ultra-exclusive three-day meeting organized by a Marine veteran, where we discussed an issue of obsessive importance to all assembled: low-cost index mutual funds.

These conference-goers werent the high-rolling stock market fanatics you see in movies, staking their fortunes on one big bet and agonizing over short-term market misfortune. Instead, these were mom and pop investors drivers ed instructors, doctors and web developers by day who embrace long-term commitments to broad, boring investments. Known as the Bogleheads, these investors follow the teachings of John Bogle, who founded the pioneering investment firm Vanguard in 1975. I had joined them to learn about passive index fund investing, a strategy far removed from the glitz and glamor of picking individual stocks but one that research says works.

Bogle is widely regarded as the father of index investing, a strategy that functions best when investors sit on their hands for decades. The investments the Bogleheads choose, low-cost index mutual funds and exchange-traded funds (ETFs), are designed to mimic stock or bond markets, not beat them. Bogleheads core belief stay the course is so essential to their investment strategy that mentioning it while booking your hotel room for the Boglehead Conference unlocked a discounted nightly rate.

For this group of zealous investors, the promise of spending three days with kindred spirits was well worth the $325 cost and the scramble to snag one of just 200 spots that sold out in less than a day. While talk about Schwab and Vanguards most compelling offerings might make friends and family tune out, the Bogleheads had a captive and eager audience in each other.

The best part is that no one rolls their eyes, says Paul James, a former PR professional who traveled from his home in Orlando to attend the conference. Theres a reason this meeting of investors sells out every year: the annual conference is a chance to match faces to message board usernames and discuss (or commiserate about) the market in person. The Bogleheads Conferences have been operating for nearly two decades, having grown out of an online community once called the Vanguard Diehards. Now based on the Bogleheads.org forums, the community is a place where investors can ask questions and share advice about everything from 401(k)s to health insurance.

Some of the events exclusivity and security can be explained by the groups former frequent guest of honor: Jack Bogle himself. The champion of the average investor attended almost every annual Bogleheads meet-up, says Mel Lindauer, president of the John C. Bogle Foundation for Financial Literacy and the events organizer. A Marine veteran, Lindauer knows a thing or two about security hence the vague directions and GPS precaution.

In 2019, the security measures were still in place, even if, as Lindauer puts it, this is the first year we know, in advance, that Bogle wont attend. He died in January, and in place of his traditional Thursday morning fireside chat, this years panels kicked off with a celebration of the Vanguard founders life as shared by two of his daughters and a group of former assistants.

While Bogles absence marked a notable shift from previous conferences, it didnt stop attendees from traveling to Philadelphia from as far away as Germany to attend panels that touched upon everything from behavioral finance to ESG indexes, or so-called Environmental, Social, and Governance investments focused on social responsibility or sustainability neither of which I had ever given much thought to, personally.

At a conference of expert investors, I was a complete beginner which, as it turns out, wasnt as much of a problem as Id anticipated. While the folks who attend the conference year after year have an enviable grasp of investment knowledge, they didnt look down on me for asking how to get started. In fact, they were happy to share some tips to get me on the right track. Here are the Bogleheads key tips for beginners:

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Sure, you want to make the best moves you can with your money. But dont get overwhelmed with your options and let decision paralysis keep you from saving now. While its important to have a well-researched plan for the long haul, you should at least be contributing to your 401(k). Why? The magic of compound interest, that property that Albert Einstein called the eighth wonder of the world, where your money grows that much faster because you keep earning interest on your interest. To illustrate their strategy, attendees often stressed that a person who starts investing small amounts in their early 20s will be better off than someone who starts later and invests larger amounts later to catch up.

If you thought investing was about picking individual stocks, well, youre not necessarily wrong. Thats one approach, and theres a certain drama to taking a big gamble on a small stock or watching the market fluctuate throughout the day. But for the Bogleheads, the best way to play is through passively-managed index funds like those pioneered by Vanguard. That way, while your investment will rise and fall with the market, youre not a victim to any particular companys misfortune.

Investing in passively-managed funds is a core Boglehead tenet and research shows the strategy is a sound one. The majority of actively-managed funds have underperformed the stock market for nearly a decade, CNBC reports, citing the annual S&P Dow Jones Indices report. In other words, trying to pick winners doesnt work; simply riding out the markets ups and downs does.

Yes, you can check in on your investments throughout the day to see how theyre doing but does that do you any good? If you ask the Bogleheads, the answer is no.

At the 2019 Bogleheads Conference, a common question among attendees was do you peek? That is, do you check in on your investments, even though you intend to leave them alone for years to come?

While various Bogleheads do cop to peeking every so often, a few times a year they know they shouldnt react to market fluctuations. The key is, as one attendee mentioned to me, to set it and forget it that is, once you know what youre investing in, leave it alone, let the market do its thing and try not to worry.

As someone who already feels like I have a lot to worry about, this was music to my ears. When I got home from the conference, I did peek, just once, to make sure my 401(k) contribution was sufficient and invested in a broad index fund. Satisfied with what I saw, I logged out and havent been back since.

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There's a Super-Secret Conference Dedicated to Investing Legend Jack Bogle. Here's What It's Like on the Inside - Yahoo Finance

The Defiance Next Gen Connectivity ETF (FIVG) ticker symbol FIVG launched earlier this year. The fund is a passive index fund that is based on the BlueStar 5G Communications Index. That means that there aren't managers actively picking stocks, per se.

But BlueStar will use several quantitative and qualitative rules to select which stocks make the index, says Paul Dellaquila, president of Defiance ETFs. So an element of stock picking will exist.

Dellaquila said that BlueStar is looking for telecom equipment companies, service providers and chip manufacturers that all have significant amounts of their businesses tied to 5G.

Dellaquila explained to CNN Business that the idea for a 5G fund came about when Standard & Poor's shook up its sector classifications last year.

"Many institutional clients didn't like this," Dellaquila said. "They were already overweight the FAANG stocks and wanted a pure telecom fund. There also was an overwhelming interest in 5G."

So the content companies are not in the new 5G ETF even though many of them will benefit from the wider rollout of faster 5G networks.

Increased 5G adoption is clearly a bigger deal for the service providers and the legion of tower, chip and equipment companies that make the infrastructure that is the backbone of these advanced high-speed networks.

The deployment of 5G is helping companies like Ciena, a networking equipment firm that is part of the ETF. Ciena reported a strong 2020 earnings outlook earlier this month, news that sent its stock surging.

Smith added that companies like Ciena are also benefiting from the 5G boom because many telecom customers have concerns about being too dependent on buying equipment from China. Smith said those fears started even before the US ban on equipment from leading telecom firm Huawei.

Still, even though 5G is expected to be a big trend in 2020 and beyond, the fund has actually lagged the broader market since it began trading in March. It's up less than 5%, compared to a more-than 15% jump in the S&P 500 during the same time frame.

But Dellaquila, whose firm also has specialty ETFs catering to sustainable food trends, esports and quantum computing, isn't too concerned yet. He said that many of the tech companies in the fund were hurt by concerns about tariffs from China but that many of those worries may now subside following the Phase One trade deal.

"Chip stocks and network equipment providers definitely got caught up in China trade talk concerns," Dellaquila said. "But the future looks much brighter as these companies will benefit from the future global rollout of 5G."

He added that there has been strong interest in the ETF so far, even though it has underperformed. Dellaquila said it launched with about $2.5 million in assets under management and now has nearly $135 million.

Some dynamic companies currently not in the ETF could be eventually added when the fund rebalances, which it does every June and September, Dellaquila said.

"Samsung is not in the ETF. We would love to have them in the portfolio but it would be way too expensive," Dellaquila said.

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5G is coming. Here's one way to invest in the telecom boom - CNN

Markets enter a new week clinging to hopes that a Phase 1 trade deal between the U.S. and China will hold together.

Analysts note that some sticking points and questions surround the tentative trade agreement, and cautious optimism seems the byword for Monday as stock futures creep higher.

Its been a pretty rewarding year for many investors, and no one wants that derailed at the last minute by trade hiccups. Double-digit percentage gains for stock markets arent just limited to the U.S., with Europe and parts of emerging and Asian markets also having enjoyed a solid year.

Think international going forward, says our call of the day from Raj Sharma, a private wealth adviser at Merrill Private Wealth Management. Hes been on Barrons list of Americas Top Financial Advisors for 16 straight years through to 2019, and can also be found on Forbess 2019 Top 100 U.S. Wealth Advisors.

The emerging consumer is a very durable investment theme, says Sharma, who notes that the developed worlds population is shrinking and getting older, but emerging markets hold huge opportunity given the vast numbers of younger people.

He points out that India has over 1.2 billion people and 65% of the nation is under 35 years old. Investors can do well in these markets by figuring out what those consumers need to improve their lifestyles, and the items they will buy, such as billions of cars, he says.

To do well consistently over time you have to be a bit contrarian in the way you look at things. If you always follow the hard dot, youre likely to be disappointed, Sharma says, noting that international stocks and emerging markets are selling at over a 30% discount to the U.S.

The Dow DJIA, +0.28% , S&P SPX, +0.49% and Nasdaq Composite COMP, +0.42%, while European stocks SXXP, +0.80% have surged and Asian markets ADOW, -0.26% had a mixed day. The dollar DXY, +0.31% is weak and the British pound GBPUSD, -0.0692% is up after last weeks victory for the Conservative Party.

Our chart from Jeff Desjardins, editor of the Visual Capitalist blog, shows the S&P 500 SPX, +0.49% over the past 30 years, using data from Macrotrends. If you invested $100 in the U.S. market on November 26, 1990, you would have over $1,000 today, he notes.

Shares of PG&E PCG, +0.64% are down over 20% as Gov. Gavin Newsom of California demands changes to the utilitys plan to pay wildfire victims and exit bankruptcy.

Food flavoring group International Flavors & Fragrances IFF, -0.44% is merging with conglomerate DuPonts DD, -0.63% nutrition unit in a $26.2 billion deal.

Boeing shares BA, -1.65% are down after the Wall Street Journal reported that the aircraft maker may stop or further cut production of the 737 Max, involved in two fatal crashes. A Boeing spokesman told the Journal that the company is working with regulators on the planes safe return to service.

Im absolutely confident that for two years if every nation on earth was run by women, you would see a significant improvement across the board on just about everything ... living standards and outcomes. Barack Obama, the former U.S. president, speaking in Singapore.

A busy data week kicks off with the Empire State Manufacturing index in the New York region, which came in below expectations. The Markit manufacturing and services purchasing managers indexes and a home builders index are still to come. (Data preview.)

Hallmark Channel to reinstate same-sex-wedding commercials after boycott threats

Disgraced Hollywood producer Harvey Weinstein says women should be thanking him

Another big winter storm is sweeping across the U.S.

This photo of two mice fighting on the London Underground is everything

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Best investments for 2020 and the next decade, according to a top U.S. financial adviser - MarketWatch

SEDGEFIELD, England--(BUSINESS WIRE)--Filtronic, the designer and manufacturer of antennas, filters and mmWave products for the wireless telecoms and critical communications markets, today announced that it has invested over US $1.3 million in new equipment for its manufacturing facility in Sedgefield, UK. The expansion will enable Filtronic to significantly increase capacity to meet a growing demand for both its highly-integrated E-band transceiver modules for mobile telecoms backhaul infrastructure and its precision hybrid microelectronics assembly and test services, including mmWave device packaging and sub-assembly manufacturing.

The new equipment includes automated pick-and-place and wire-bonding machines to augment Filtronics existing assembly and production lines, which already have a reputation for product quality and reliability.

5G backhaul network deployments are now driving a significant increase in demand for our E-band transceiver modules and a growing demand for microelectronics assembly services, in particular at microwave and mmWave frequencies, said Reg Gott, Executive Chairman of Filtronic. In addition to being able to produce high volumes of our own mmWave transceiver modules and filter products, the quality of our microelectronics assembly line and test capability is attracting an increasing level of business for our custom design and manufacturing services. As a result, we are also increasing our workforce to cope with this demand.

Filtronics hybrid microelectronics assembly and test offering includes: low-void die attach and precision component placement; fully-automated wire bonding with deep-access multi-level capability; hermetic sealing; and automated test to 90GHz and above. Proprietary air cavity packages can include mixed GaAs, GaN and Si die within a single package, and are capable of performing at frequencies higher than 90GHz.

The precision hybrid microelectronics assembly facility has received significant positive feedback from its customers, including a major European defence manufacturer who singled out Filtronics manufacturing expertise for a special commendation. The award cites Filtronics effort and commitment in successfully delivering a large production run of transmit/receive modules as providing an outstanding contribution to its state-of-the-art radar system.

Click here for a high resolution image, and here for a Web-quality image.

Web: http://www.filtronic.com

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Filtronic Expands Hybrid Microelectronics Manufacturing Facility With $1.3 Million Equipment Investment - Business Wire