Doubling up

Haas Automation has reported that its fourth quarter 2010 revenues were up 118% over first quarter 2010.

Haas Automation has reported that its fourth quarter 2010 revenues were up 118% over first quarter 2010, and that the company more than doubled production in 2010 to meet growing demand for its products.

“We closed out 2010 with our best quarter since 2008,” said Haas general manager Bob Murray, “both for orders and for revenue. We saw a steady increase in demand last year, with each month better than the previous month. December was our best month since June 2008, with orders up 150% and revenue up 96%, year over year. We see that trend continuing in 2011.

“We also more than doubled our production during 2010,” he added, “and we'll continue ramping up to meet the growing demand, as shops worldwide invest in Haas equipment in response to the improving economy.”

60% of the Haas machines sold in 2010 went to international markets, Mr Murray noted. Haas sales in Russia increased more than 120% and sales in India grew by 107%t. In China, Haas sales expanded by 68% and sales in Latin America increased by a claimed 65%.

“It was a good year,” Mr Murray continued. “We saw growth in all regions, especially internationally. We'll continue investing in our growing international markets to ensure that all Haas customers receive the high quality products and world class service.”

Haas Automation Europe (HAE) enjoyed a marked increase in sales and enquiries during the last quarter of 2010, a trend that has continued into the first quarter of 2011.

“Our last quarter is usually our busiest period,” revealed HAE managing director, Peter Zierhut, “but even so, sales were stronger than we had anticipated. New products such as the DT-1 drill tap machine and the range of reengineered vertical machining centres are driving growth across all regions on the continent. We're anticipating a very encouraging year ahead.”

Haas Automation
www.haascnc.com
 

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