BTU International Inc. (“BTU” or the “Company”), which was founded in 1950, was incorporated as a Delaware corporation in 1981 and is headquartered in North Billerica, Massachusetts. The Company operates as a single business segment called Thermal Processing Capital Equipment. Our business consists of the designing, manufacturing, selling and servicing of thermal processing equipment and related process controls for use in the electronics, alternative energy, automotive and other industries. This includes the supply of solder reflow systems used for surface mount applications in printed circuit board assembly. Thermal processing equipment is used in: low temperature curing/encapsulation; hybrid integrated circuit manufacturing; integrated circuit packaging and sealing; and processing multi-chip modules. In addition, the equipment is used for solar cell processing, sintering nuclear fuel for commercial power generation, as well as brazing and the sintering of ceramics and powdered metals, and the deposition of precise thin film coatings. Our customers are multinational original equipment manufacturers and contract manufacturing companies. For financial information regarding our business, please see our consolidated financial statements for the year ended December 31, 2013 that are included in this Annual Report on Form 10-K. Our customers require high throughput, high yield and highly reliable thermal processing systems with tightly controlled temperature and atmospheric parameters. In electronics assembly, our convection solder reflow systems are used to attach electronic components to the printed circuit boards, primarily in the advanced, high-density, surface mount segments of this market. In the semiconductor market, we participate in both wafer level and die level packaging, where our thermal processing systems are used to connect and seal integrated circuits into a package. In the solar market, BTU offers processing equipment for both silicon and thin film photovoltaics. In the alternative energy market, our customers use our thermal systems for the processing of nuclear fuel.
Company profile
Ticker
BTUI
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
42781248
Latest filings (excl ownership)
15-12G
Securities registration termination
10 Feb 15
25-NSE
Exchange delisting
30 Jan 15
8-K
Completion of Acquisition or Disposition of Assets
30 Jan 15
425
Business combination disclosure
16 Jan 15
425
Business combination disclosure
16 Jan 15
8-K
Other Events
16 Jan 15
DEFA14A
Additional proxy soliciting materials
16 Jan 15
425
Business combination disclosure
15 Jan 15
425
Business combination disclosure
14 Jan 15
425
Business combination disclosure
13 Jan 15
Latest ownership filings
SC 13G/A
Btu International Inc
9 Mar 15
SC 13G/A
Btu International Inc
6 Mar 15
SC 13G/A
Btu International Inc
17 Feb 15
SC 13G/A
Btu International Inc
13 Feb 15
SC 13G/A
Btu International Inc
29 Jan 15
SC 13G/A
Btu International Inc
29 Jan 15
SC 13G/A
Btu International Inc
6 Jan 15
SC 13G/A
Btu International Inc
6 Nov 14
SC 13G/A
Btu International Inc
13 Feb 14
SC 13G/A
Btu International Inc
13 Feb 14