The opportunity to grow our business in 2012 is really no different than it has always been. Performance remains the key to our company's strength and growth. We remain committed to providing superior support and value to our customers by delivering world-class PCB fabrication supply chain services and products.
Having spent the last several years investing in our infrastructure in mainland China, Hong Kong and the U.S. in 2012, we will focus on expanding our geographic market coverage
While there is certainly potential for serious macroeconomic setbacks, we expect 2012 to be a stable year for the industry with small but steady growth. 2011 has been a good year for most of our customers and many of them have wisely invested in their operations this year, improving both capacity and capability in expectations of continued economic recovery.
That being said, we see our customers being very careful not to over-extend themselves, keeping hiring to a minimum and inventories low. P. D. Circuits will continue to provide the flexibility and value that our customers need to succeed in this challenging environment.