TORONTO -- Firan Technology Group reported second-quarter sales rose 8% over last year to $15.4 million.

Net income increased to $640,000, up from $47,000 in the year-ago quarter. The company generated $1.2 million in cash from operations, compared to $1.6 million last year.

The printed circuit board manufacturer booked over $16 million in new orders in the quarter.

Circuit board sales were up 30% versus 2013 to $11.5 million as both the firm's facilities showed growth in the quarter. Sales are up 24% at the Circuits division year to date.

FTG Aerospace Tianjin's sales rose 121%, while FTG Aerospace Chatsworth's revenue grew 51%. Sales at the company's Toronto site were lower, however.

"FTG's momentum has continued through the first half with strong results across the company, particularly at our two new Aerospace facilities in Tianjin and Chatsworth where we continued to see progress on qualification activities, strong orders and increased shipments," said Brad Bourne, president and chief executive. "Our established Circuits facilities both performed well in the quarter and we made significant progress in getting our Circuits Joint Venture through its startup and customer qualification phase so it, too, can contribute to our success."

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