Q4 2010 is Best Quarter Since 2008

Haas Automation Inc. reports its 4th-quarter 2010 revenues were up 118% over 1st-quarter 2010, and that the company more than doubled production in 2010 to meet growing demand for its products.

“We closed out 2010 with our best quarter since 2008,” says Haas General Manager Bob Murray, “both for orders and for revenue. We saw a steady increase in demand last year, with each month better than the previous month. December was our best month since June 2008, with orders up 150% and revenue up 96%, year over year. We see that trend continuing in 2011.

“We also more than doubled our production during 2010,” Murray adds, “and we’ll continue ramping up to meet the growing demand, as shops worldwide invest in Haas equipment in response to the improving economy.”
Sixty percent of the Haas machines sold in 2010 went to international markets, noted Murray. Haas sales in Russia increased more than 120%, and sales in India grew by a remarkable 107%. In China, Haas sales expanded by 68 percent, and sales in Latin America increased by 65 percent.

“It was good year,” Murray continues. “We saw growth in all regions, especially internationally. We’ll continue investing in our growing international markets to ensure that all Haas customers receive the high-quality products and world-class service they deserve.”

All Haas products are built in the company’s 1-million-square-foot manufacturing facility in Southern California, and distributed worldwide through a global network of Haas Factory Outlets (HFOs) that provide the industry’s best sales, service and support.