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Aurora, Colo. — Advanced Circuits again experienced record growth in a down economy and an industry that has been declining for several years.
Although the printed circuit board (PCB) industry in the United States shrank 40 percent from 2001 through 2003, Advanced Circuits grew more than 15 percent each year during that time. Exceeding all of their goals for 2003, Advanced Circuits ended the year with more than $27.5 million in revenues.
Advanced Circuits invested more than $5 million in capital into equipment and facilities in 2003, including a 62,000 sq. ft office and manufacturing facility. Investments have already been planned for $500,000 worth of additional equipment in 2004. The company added 15 employees in 2003, bringing its total to 195, which includes three shifts in production and multiple shifts in other departments.
Advanced Circuits has gained an average of more than 200 new customers a month for the past three years. The company attributes its tremendous growth and customer retention to extraordinary reliability and the customer-focused attitude of the entire staff. To time-pressed design engineers, the fact that Advanced Circuits delivers more than 99 percent of their boards on time or early is a significant quality in a manufacturer. To ensure that this growth continues in years to come, a full-time professional marketing and training staff has been added to the Advanced Circuits team.
Since 1989, Advanced Circuits has been a leading PCB manufacturer specializing in engineering prototypes and quick-turn production boards. For more information, visit www.4pcb.com.