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All Flex Reports a Successful '08 with an Increase in Domestic Business And Launches into European Territory

01-20-2009 02:55 PM CET | Industry, Real Estate & Construction

Press release from: All Flex

/ PR Agency: hueggenberg gbr
All Flex Reports a Successful '08 with an Increase in Domestic

Presentation of Flexible Circuit Portfolio at embedded world 2009 at Stand 486 in Hall 9

Northfield (Minnesota, US) January 20, 2009 - All Flex Acquisitions LLC (d/b/a All Flex) a flexible circuit and flexible heater manufacturer, reports a successful 2008 despite an unstable U.S. economy. The company not only achieved plan but actually increased domestic sales by nearly 10% and captured a record number of new customers with a 40% increase over '07.

Sales Manager, Dave Becker, attributes the success to a combination of improved operational performance, the addition of flexible heater circuits to their product line, and aggressive marketing both domestically and in Europe where a new marketing venture was launched. A loyal base of existing customers has also been crucial. Becker says over the years All Flex established a large customer foundation within various industries which provides elasticity to absorb some economic fluctuations. "We are fortunate the nature of our business is diversified among several markets segments including military, medical, aerospace, and instrumentation. In fact, no single customer makes up more than 7% of our revenue. Growth within our base of existing customers has occurred annually and we expect this trend to continue in 2009," says Becker.

In spite of the recession Becker says All Flex is ready for the challenges that lie ahead, "2008 was very strong, and despite the sluggish economy, we are cautiously optimistic about continuing the pattern of year by year revenue growth established over the past 7 years. All Flex is positioned well to make progress against the headwinds. Last year we added more capital equipment to support additional SMT assembly and targeted the flexible heater circuit market to help sustain us through a difficult economic environment." Also during 2008 All Flex began to penetrate the European market with favorable results.

About All Flex

All Flex is a manufacturer of flexible circuit boards and specialized on quick turn manufacturing for prototypes and low to medium volume. Production is located at the headquarters in Northfield, Minnesota, USA. All Flex is ISO 9001: 2000 Certified and the flexible circuits can be manufactured for RoHS Compliance and UL Certification. All Flex also has the ability to manufacture flexible printed circuit boards to the Mil-P-50884D Specification. The company is also ITAR registered. For over 17 years All Flex has been producing flexible circuits and providing component assembly that come into operation in the medical, military, aerospace, automotive, instrumentation, telecommunications, and various industrial markets. More information is available at www.allflexinc.com.

hueggenberg gbr
Mandy Ahlendorf
T +49 8151 55 50 09 11
E info(at)hueggenberg.com

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