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California Small Manufacturers See Increased Sales

By robottf | August 7, 2008

Southern California small manufacturers reported an overall $243 million increase in sales in the previous year, as a result of implementing changes recommended through consulting services provided by the California Manufacturing Technology Consulting under the federal Manufacturing Extension Partnership (MEP) program. When including the sales impact due to needed beneficial improvements, an additional $377 million in retained sales was noted, for a combined total of $620 million. An independent third party compiled the results in a survey between June 2007 and May 2008.

The survey results are from 500 companies receiving services and show an encouraging picture of small manufacturers’ ability to be successful:

· $620 million increased and retained sales

· $114 million in cost savings

· $88 million invested in plant and equipment

· 5,426 created and retained jobs

Source: RP News Wires

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  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Humanoids
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
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    • RBR50
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  • Resources
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