Virtual Industries, Inc. products are vacuum tweezers used in manual assembly of mechanical as well as electronic products. Markets serviced include the semiconductor industry and electronic assembly. We have high expectations for 2012 as recovery from the last recession continues worldwide.
In 2012, we will be increasing distribution in Eastern Europe as well as in Asia. Based on the growth we have seen in 2011, we expect to see continued improvement on into 2012.
As always it is difficult to forecast hiring as in any business we hire in response to increased sales as compared to our existing production capacity, however, with the increase in our distribution chain we would expect to see our staff to grow by up to 20 percent in 2012.
As electronic devices become smaller and smarter, they allow us to connect in our social lives and to extend our persona in ways we never dreamed of. The human ego drives us to be part of this evolution and consequently facilitate continued growth in this sector of the world economy.
