I am cautiously optimistic for 2013 however STI is prepared for a slightly worse version of 2012. We are hoping that the pessimism that seems to be gripping the nation will break and the economy as a whole and particularly the electronic manufacturing business will improve dramatically.
At STI, we have continued to invest in people and technology all designed to improve our quality, decrease our reaction time and increase our knowledge base. In addition, STI has developed new lesson plans and curriculum for industry training programs and have more on the schedule for the first 2 quarters of 2013. Geographically, we've expanded the footprint of our training offerings based on customer requests.
We have added technology in our manufacturing facility that gives us the capability of
assembling and manufacturing more complex hardware while increasing efficiencies and power requirements and at the same time decreasing size and weight. All of these are major concerns for customers and their hardware designs.
Our electronic assembly and solder supplies group has been working diligently to increase ease of ordering whether by phone, fax, email or e-store while decreasing costs and ship times. We also have a couple of new product/service offerings that you will hear more about as 2013 progresses.