Cemtrex Receives New Orders Totaling Over $4.2M


Reading time ( words)

Cemtrex Inc., (CETX) today announced that the company has received new orders in excess of $4,200,000 across its two business groups: Environmental Products & Systems and Electronics Manufacturing Services.

The company received approximately $2.5M in new environmental products sales with deliveries expected over the next twelve months for new projects located in Southeast Asia. The company also received approximately $1.7M in new electronics products orders for a diverse set of existing European customers in medical, industrial, and automation industries with deliveries expected over the next twelve months.

Cemtrex's CEO, Saagar Govil, commented, "We are continuing to see demand in both of our important markets where there are overall economic concerns, Europe and Asia. We are confident that with our product portfolio, niche industry segments, and continued demand from our customers we can continue to grow our business despite outside market concerns."

About Cemtrex, Inc.

Cemtrex, Inc. (NASDAQ: CETX) is a world leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today's technology challenges. Cemtrex provides electronic manufacturing services of custom engineered printed circuit board assemblies, emission monitors & instruments for industrial processes, and environmental control & air filtration systems for industries & utilities. 
www.cemtrex.com

Share

Print


Suggested Items

IPC APEX EXPO 2020 Attendees Speak: Lance Davies

02/26/2020 | I-Connect007 Editorial Team
"Test engineers are always being pressed to be agile and reduce costs all the time," said Lance Davies, director of sales for Acroname. "It’s a challenge that they face every single day. They’re getting compressed in the amount of time that they have to develop a test fundamentally."

Blackfox Trains Veterans for Good Manufacturing Jobs

12/31/1969 | Real Time with...IPC
Blackfox Training Institute has been training manufacturing technologists for over 20 years. Based in Longmont, Colorado, Blackfox is now focused on helping veterans of our armed services transition into good jobs in the manufacturing sector. During IPC APEX EXPO 2020, Editor Nolan Johnson spoke with Blackfox CEO Al Dill about the company's veteran training programs, and how this effort is helping companies fill jobs that might otherwise go unfilled.

LPKF on Stencils and Depaneling

02/11/2020 | I-Connect007 Editorial Team
Stephan Schmidt and Mirela Orlowski of LPKF Laser & Electronics North America discuss laser technology in cutting stencils and depaneling circuit boards as a factor in shrinking component sizes and why few people in the industry realize how much of an impact the stencil can have on the manufacturing line.



Copyright © 2020 I-Connect007. All rights reserved.