wiredinusa July 2011

INDEX

The company achieved increases in net sales and gross profit for both the quarter and year-to-date periods compared to the same periods in fiscal 2010. Consolidated net sales for the quarter increased 12.6% to $17.2 million compared to $15.3 million for the comparable period last year. Net sales to customers located in the United States increased 14.6% compared to the same period last year, and net sales to customers located outside of the United States increased 6.2%.

New appointments at RichardsApex RichardsApex Inc, this year performance metalworking fluids, has appointmented R Bruce Calvert and Don Neville to its wholly-owned subsidiary, RichardsApex Europe. Calvert, who takes up the role of director of R&D, brings 30 years of oil and chemicals celebrating 109 years as a supplier of high Hands up for packaging Reelex Packaging Solutions Inc is looking for partners to assist in developing its next generation of reel-less packaging, aimed at low-cost, high-volume markets such as hook-up wire, as well as high-end products like fiber optic cables, pre-terminated cables, flexible tubing and more. “We are at the point in several of our projects where we really need some partners to jump on board with us and put our new packaging concepts to the test,” said Tim Copp, experience and will be responsible for directing the development of new products and services.

New managing director Don Neville has over 20 years experience in the wire drawing and extrusion cable machinery industry. His past management responsibilities range from international sales and market development to the establishment of foreign profit centers, and previous employers in the industry include Samp USA and, most recently, Niehoff Endex.

OCC ® increases net sales and gross profit in Q2 Optical Cable Corporation (OCC ® ), manufacturer of a broad range of fiber optic cable and data communication connectivity solutions, has revealed results for its fiscal second quarter, ending 30th April 2011.

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Y o u r p a c k a g i n g s h o u l d b e s i m p l e , i n n o v a t i v e , f e a t u r e - r i c h , s u s t a i n a b l e a n d e n h a n c e y o u r b r a n d .

Neil Wilkin, president and chief executive officer of OCC, said: “During the first half of fiscal 2011 we significantly improved our performance over the first half of 2010 as demand for our...products drove sales growth in the US and internationally. At the same time we grew net sales 15.3%, we also controlled our costs during the first half of 2011 – with SG&A expenses dropping 1.5%. As we move forward into the second half of the year we intend to build on our positive momentum.”

Reelex’s business development manager. “We are looking for forward-thinking manufacturers of all kinds of products to help us to help them leverage the power of packaging.” Reelex® is a patented method of winding any flexible filamentary material into a precision- wound figure-eight coil, designed to dispense from the inside-out without twists, tangles, snags or overruns.

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wiredInUSA July

wiredInUSA July