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Eltek Awarded its Largest PCB Order from U.S. |
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Written by Philip Buonpastore
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Tuesday, 05 February 2008 |
PETACH-TIKVA, ISRAEL - Eltek Ltd. today announced that a major
U.S. industrial manufacturer has placed a frame order for flex-rigid
PCBs to be used in the production of industrial equipment. Shipments
under this $1.8 million are expected to be made during 2008.
Arieh Reichart, company president and CEO said, “This is the largest
order we have received from a U.S.-based customer and takes our global
growth initiatives to another level. As a follow-on order from a
prestigious customer, it... provides us with a great start to 2008. We expect
that this order will further improve our revenue mix and associated
operating margins, and increase our overall corporate productivity and
visibility.”
“We believe in mutual cooperation with our customers, and are pleased
that this unique arrangement has already brought us sales of
$1.4 million, and the additional $1.8 million frame order
provides additional proof that our service... is key to fruitful long term relations for the benefit of both parties,”
CFO Amnon Shemer concluded. |
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