2011 has been a great year for Etek Europe. Business has been tough, especially during the summer months, but it has been a great time to hire additional staff. Etek Europe has seen an average growth of 32 percent across our various divisions.
Both our UK & Eastern European customers seem poised for another year of growth, which will result in investing in new equipment. With more than 1000 customers, Etek Europe is firmly established in the automotive, aerospace, medical, and defense sectors of electronics manufacturing.
Etek Europe will introduce some additional divisions to our product portfolio in 2012. Our latest division that was launched during Productronica, Consumables & Production, has already allowed us to hire four additional staff. Also, Etek has plans to open a presence in Germany in Q1, 2012.
As we increase our headcount in 2012, we also will bring on some new product lines including pick-and-place and a refurbishment division. We also have plans to move into a new custom built building in Q1, allowing us to have a new larger demo room, increased warehousing and office area, and a dedicated training room.
