« Decline of manufacturing jobs | Main | You all should learn SQL »
Saturday
Jan092010

Galil shows consistent profitability

I seldom write about financial results, but an exception seems warranted in this case. Galil Motion Control just completed its 100th consecutive quarter of profitability. Despite several recessions, changes in technology and the competitive environment, since 1985 Galil has always kept its balance sheets in the black.

"We have made decisions to keep the company lean and nimble which has enabled us to stay strong despite the challenges in the economy," said Wayne Baron, president. "Our focus has remained on product development and application support based on genuine customer need."

Since the introduction of its first servo motion controller in 1984, Galil has gone on to deliver over 500,000 motion controllers worldwide.


PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>