Nordson ASYMTEK remains cautiously optimistic regarding economic recovery and growth in 2010. There are many positive signs including factory utilization and semiconductor sales-to-capital investment ratios, and we have certainly seen a significant upturn in business.
However, we remain somewhat concerned about key global economic fundamentals such as the rate of recovery of the US employment market and the aggressive extension of capital in China. We anticipate that certain economies, particularly Japan and Europe, will rebound at a slower rate than other areas of the world.
Nordson ASYMTEK will continue to meet our customers' expectations of providing high quality products and our award winning service by adding resources in manufacturing operations as well as enhancing our global offices in growing geographies, like China. We currently have several open hiring requisitions and anticipate adding more as we move deeper into 2010.
Through the downturn, we continued our commitment to developing industry-leading technology, and plan several new product releases in 2010 that will focus on the realities of emerging end-products and economic conditions in critical consumer markets.
For example, dispensers with higher throughput, greater accuracy, and the lowest possible cost of ownership that are delivered quickly without the benefit of advanced customer forecast. We will also continue our investment in technology aimed at less cyclical markets such as life sciences and alternative energy.
March 18, 2010 Gary A. Tanel, CEO & President, Circuitronics Inc. Last November I accepted a position to lead a mature, profitable, and small EMS company to the next level in its evolution. After 28 years in the industry, I still feel energized and confident in the future. At Circuitronics, we have recently added capital, hired senior employees, purchased a new ERP system, and adopted ...
March 10, 2010 A. James McLenaghan, President, Creyr Innovation So far, we have no reason for pessimism at Creyr Innovation. As a matter of fact, we see cautious optimism with almost all of our customer's forecasts. A very different and pleasant outlook from what we saw going into 2009. However, the business climate is tougher than ever. We can only hope that investors will allow companies to bolster their infrastructure and product portfolio ...
March 8, 2010 Mark Brawley, National Sales Manager Americas, DEK The actions needed to prepare for 2010, and the much anticipated upturn, were taken in 2009. These included improving lines of communication with customers and channel responsiveness. Experience shows that agility is essential in an upturn. Manufacturers tend to ramp up faster than they scaled down, and they typically want even greater value. Which is why we also took the initiative to invest in our core printer platforms ...
March 5, 2010 Daniel F. Baldwin, Ph.D., Founder, Engent 2010 promises to be a strong year with respect to next generation packaging solutions for small form factor electronics systems as a result of prior years development efforts. With the improving economy, semiconductor companies are showing positive returns and are beginning to turn on the capital funding faucet once again. Military and Homeland Defense budgets are defined and beginning to solidify ...
March 4, 2010 Scott Wischoffer, Marketing Manager, Fuji America Corporation The first few months of the New Year will be slower than we'd like but much better than it has been. Consumer confidence in the economy is still very negative and the high unemployment rate has most everyone afraid to spend money keeping any manufacturing expansion to the minimum. Machine sales will increase but production capacity will not. New capital equipment purchases will be mainly niche markets, equipment ...