2010 - A good year after all

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!

http://www.jhtechnology.com/