Cemtrex Inks $6M in EMS Orders, Backlog at $50M


Reading time ( words)

Cemtrex Inc. has received approximately $6 million in new orders in its electronics manufacturing services (EMS) segment over the last few months and its backlog remains strong at $50 million.

The company’s recent orders were driven primarily by customers in medical devices, automotive technology, automation, and measurement devices. The orders came from both new customers and existing customers such as ERBE, ABB, and Heinzmann. Cemtrex’s EMS segment achieved approximately $44M in revenues in CY 2018.

Cemtrex’s Chairman and CEO, Saagar Govil, commented, “Cemtrex’s EMS segment continues to win new business from both new and existing clients. Our backlog gives us continued confidence as we have already locked in enough orders to see growth in our year over year sales over the next twelve months.”

About Cemtrex

Cemtrex, Inc. is the manufacturer of the SmartDesk, the world’s most advanced workstation. Cemtrex is a diversified technology company that's driving innovation in a wide range of sectors, including smart technology, virtual and augmented realities, advanced electronic systems, industrial solutions, and intelligent security systems. www.cemtrex.com

Share

Print


Suggested Items

Whizz Systems on Knowing Your Strengths and Building Customer Relationships

05/24/2019 | Nolan Johnson, I-Connect007
Located in the heart of the Silicon Valley, Whizz Systems Inc. provides electronics product design, development and manufacturing services. Muhammed Irfan, president of the company, speaks with Nolan Johnson about knowing your strengths, engaging start-ups, and building strong customer relationships through education and preparation.

Communication and Information: Two Keys to Success

05/21/2019 | Nolan Johnson, I-Connect007
Nolan Johnson and Duane Benson, an I-Connect007 columnist and a representative from Milwaukee Electronics, discuss how assemblers can help their customers through submitting and maintaining accurate information, and engaging in open communication early and often about the highly important bill of materials.

Green Circuits' Three Tips to Be a Well-prepared Customer

05/21/2019 | Nolan Johnson, I-Connect007
Nolan Johnson speaks with Joe Garcia, VP of sales and marketing at Green Circuits, about how they can help on both the front and back end of the process, their hidden gem—design services—as well as three tips to be a well-prepared customer.



Copyright © 2019 I-Connect007. All rights reserved.