Happy New Year -
But for us, the old one turned out well, too.
2009 had been slow - no surprise - down 31% from our 2008 peak. The first 3 months of 2010 were equally bad - actually, worse - but then things turned around. Bookings (orders received) were our best year ever, 6% above our 2008 record. Shipment fell a bit short, but only because two customers asked that their large orders be held until January.
A few OEM customers whose orders had slowed significantly in 2009 came back strong. A couple new product offerings also helped: our fast-response transmitter line and our new tachometer pulse amplifier. Also, we added 46 first-time customers. (Some probably will be one-time-only, such as distributors ordering specific items at the request of their customers.) Our thanks to all, new and old.
One caution - some of the months were strong only because of one or two large orders. Without them we would have remained slow. Any predictions for 2011?????
Hope your 2011 goes well!