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%.
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.”
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.
wiredInUSA July
New appointments
at RichardsApex
RichardsApex Inc, this year
celebrating 109 years
as a supplier of high
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
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.
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,
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.
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
.
Here it is.
ECO
FRIENDLY
wiredInUSA July
52
INDEX
