Cemtrex Receives New Orders Totaling Over $4.2M


Reading time ( words)

Cemtrex Inc., (CETX) today announced that the company has received new orders in excess of $4,200,000 across its two business groups: Environmental Products & Systems and Electronics Manufacturing Services.

The company received approximately $2.5M in new environmental products sales with deliveries expected over the next twelve months for new projects located in Southeast Asia. The company also received approximately $1.7M in new electronics products orders for a diverse set of existing European customers in medical, industrial, and automation industries with deliveries expected over the next twelve months.

Cemtrex's CEO, Saagar Govil, commented, "We are continuing to see demand in both of our important markets where there are overall economic concerns, Europe and Asia. We are confident that with our product portfolio, niche industry segments, and continued demand from our customers we can continue to grow our business despite outside market concerns."

About Cemtrex, Inc.

Cemtrex, Inc. (NASDAQ: CETX) is a world leading diversified industrial and manufacturing company that provides a wide array of solutions to meet today's technology challenges. Cemtrex provides electronic manufacturing services of custom engineered printed circuit board assemblies, emission monitors & instruments for industrial processes, and environmental control & air filtration systems for industries & utilities. 
www.cemtrex.com

Share

Print


Suggested Items

Keith Bryant on Growth in the European Market

11/06/2019 | Pete Starkey, I-Connect007
Pete Starkey interviews Keith Bryant, chairman of the European division of the Surface Mount Technology Association (SMTA), about his view on the outlook of the industry, including growth in the European electronics manufacturing industry as well as the need for young engineers.

Meet Zulki Khan, SMT007 Columnist

10/25/2019 | I-Connect007
Meet Zulki Khan, one of our newest SMT007 columnists! Khan’s columns address new frontiers in upcoming manufacturing techniques, including challenges in the marriage of SMT and microelectronics manufacturing and the critical aspects involved.

Breaking the Stereotype: Millennials in Manufacturing

10/22/2019 | Barry Matties, I-Connect007
Goodwinds Composites is a company that I have watched grow from a small distributor serving the hobby industry to a full-fledged manufacturer serving many industries. Leland Holeman and his sister, Amelia Cook have worked together for the past 12 years to transform this company into a healthy business.



Copyright © 2019 I-Connect007. All rights reserved.