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Cirexx Reports Strong 2015, 11% Revenue Growth in 1Q 2016
May 12, 2016 | Cirexx InternationalEstimated reading time: 1 minute
Cirexx International, a privately held California manufacturer of printed wiring board products and services, announced today exceptional results in recent financial periods and a bright future going forward. Cirexx saw record revenue and profit in 2015 and an 11% revenue increase in 2016 Q1 vs. 2015. With significant capital expenditures in 2015, Cirexx has scrolled over $1 million for Capex in 2016. The company is strategically positioned to continue growing and pursuing opportunities in the changing North American PWB marketplace.
Philipp Menges, Cirexx President & CEO commented, “I see tremendous growth on the horizon for our core competencies – Flex, Rigid-Flex and HDI and RF/Microwave PCBs. We continue to make inroads into key markets within the defense/aerospace, medical and commercial markets. Rapidly developing areas like autonomous and un-manned vehicles, wearable electronics, home health and diagnostics, more accurate weaponry and secure communications all require a large advanced electronic component. As Cirexx continues to position itself as a leader in the advanced PWB market these developing areas will provide our future revenue and profit growth.”
About Cirexx International
Founded in 1980, Cirexx International, Inc. is an electronic solutions company offering PCB Design, PCB Fabrication and PCB Assembly of high-reliability Printed Circuit Boards, RF/Microwave Circuit Boards, Flexible Printed Circuits and Rigid-Flex Circuit Boards. Recognized as a time-technology leader, the company offers a genuine Quick Turn service and provides a one stop shop and all in-house solution known as Seamless Integration. Cirexx has expertise fabricating high layer count Printed Circuit Boards using a variety of substrates including a wide array of high-frequency RF-based materials in mixed (hybrid) constructions. Cirexx delivers unsurpassed quality and support to a large array of customers in the high-reliability markets of defense/aerospace, industrial, and medical instrumentation.
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