NCAB Group enters 2013 with energy and optimism about our future. With the addition of P. D. Circuits to the NCAB Group in Q4 of 2012, the company now covers the industrial globe.
Under the premise that the attempt at economic suicide by Washington is averted, we expect the industry to be flat in 2013. If they insist on throwing us over the fiscal cliff, all bets are off. Even with the slower second half of 2012, the industry appears to be generally healthy. Many of our customers have been running lean and tight; leaving them well equipped and in a good position to take advantage of the competitive opportunities that will exist in 2013.
The 2013 focus for NCAB Group is to increase market share. The key to success for us has not changed for over 20 years. We will outperform the competition and deliver the best quality, service and technical support, which we have done for many years.
The difference in 2013 is that we now have $100 million purchasing power to put to work for our customers. This industry-leading purchasing power, coupled with local customer support and our team of 63 factory management specialists at NCAB China will give our customers the edge in the competitive market that we will see in 2013.