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Servatron Achieves Record Revenue in '07; Expands Facilities, Adds Capacity

Spokane, Washington – January 30th, 2008 – Servatron Inc, a leading provider of electronic manufacturing services ( EMS) today announced that it has achieved record top-line revenue for the year ending December 31st, 2007 . Servatron’s 2007 success was due to both new customer activity, and increased orders from current customers. Gross revenue exceeded $32 million in sales for 2007 compared to $23 million in 2006.

Also in 2007, Servatron combined operations that were previously in two separate facilities, into one facility while adding an additional 10,000 square feet of space. This brings the total space occupied by Servatron to 61,000 square feet. Servatron was able to expand into manufacturing and office space vacated when Itron moved their corporate headquarters to Liberty Lake.

During the expansion, Servatron also purchased and installed a new state-of-the-art, surface mount line, including adding automated optical inspection capabilities (AOI) that allows for quicker, non-manual inspection of populated printed circuit boards. The added capacity was needed to satisfy our customers increasing demand for printed circuit board assemblies.

Tod Byers, Servatron’s president, commented, "In 2007 we achieved our goals through adding several new key customers, while multiple existing customers increased their orders for the year.” In addition, due to our investment in additional technology, expanded production and back-office floor space, and commitment to human resources, we are well positioned to achieve similar growth 2008.”

About Servatron Inc:
Servatron is a full service electronic manufacturing service ( EMS) provider located in Spokane Washington. Founded in May of 2000, Servatron is recognized as a leading manufacturer and depot repair provider of RF related products, complex board and electromechanical assemblies. Servatron is certified to the ISO 9001:2000 standard. For additional information, please contact Tom Vietri, V.P. of Sales at 509-321-9500

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Record Revenue, Facility Expansion
Release Date: 1/30/2008

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Servatron Receives ISO 9001:2000 Certification
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Servatron Inc. Announces Retirement of President
Release Date: 11/15/2004

Servatron Inc. makes Entrepreneur's Hot 100 list
Release Date: 7/15/2004

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Release Date: 7/6/2004

 

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