Align-Rite Sales Rise 14%, Income Up 6%

Align-Rite International Inc. posted $5.3 million in net income for its fiscal year ended March 31, a 6% increase over last year’s results of $5 million.

Sales for the Burbank company reached a record $38 million for the year, up 14% from $33.3 million in 1996. In Align-Rite’s fourth quarter, net income was $1.36 million, compared to $1.33 million a year earlier. Revenues for the latest quarter rose to $9.4 million from $9 million.

Align-Rite manufactures photomasks--precision plates used by the semiconductor industry to help transfer circuit patterns onto silicon wafers. The company has customers in 21 countries.

In April, Align-Rite entered a long-term agreement to supply photomasks to TEMIC. The Daimler-Benz division is Europe’s fourth-largest semiconductor manufacturer, the company said.