The news these days seems to be pretty consistent. The manufacturing sector is improving, as is the economy as a whole. Output is up over last year, the stock market has totally rebounded, and the unemployment rate is down.
This is not news to us here at Electro Technik. As we enter the final month in this fiscal year revenues are significantly higher than they were for the prior year. Some portions of our business have done better than others, but all of our four "Groups" have improved. This is welcomed news, indeed.
The question remains, can it be sustained? Oil prices have started to increase and reach a hundred dollars a barrel mark. Meanwhile, the deficit still remains at record levels.
So, what will the remainder of 2011 hold in store for those of us in manufacturing? We are optimistic, as we think the recovery will continue through this calendar year, But we are keeping our fingers are crossed, just in case.
Electro Technik Industries, Inc., through it's various subsidiaries, manufactures attenuators, capacitors, circulators, coils, diode detectors, EMI filters, isolators, magnetics, resistors, terminations, and transformers.
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