Tim Shuttleworth, Eriez president and CEO, announced the company’s Erie, PA headquarters facility closed 2011 with more than $100 million in orders while Eriez-Japan, the company’s affiliate in Japan, finished the year with more than $1 billion Yen (JPY) or $12 million (USD) in shipments.
“It’s been a banner year for Eriez across the globe,” explained Shuttleworth. “In addition to exceptional sales and shipment numbers from Eriez HQ and Eriez-Japan, all Eriez divisions showed strong performances in 2011. For the first time in our history, we have exceeded our previous record year worldwide by more than 40 percent.”
Increased demand in 2011 prompted Eriez to expand its operations in five countries. Eriez purchased an additional building in Erie, PA, approximately 15 miles from its world headquarters. Internationally, the company is also expanding in Canada, China, India, and the United Kingdom.
“As we enter 2012, our 70th year in business, we foresee ongoing growth through our continued dedication to investing in new products and technologies for the many industries we serve,” said Shuttleworth. “We also plan an increased emphasis on customer training and education through our Orange University Mobile Education Resource Center.”
For more information, visit www.eriez.com.Eriez Magnetics