As 2015 wraps to a close, it has to go into the record books as one of the most unusual. From politics (remember that Scott Walker was the favorite for the Republican nod early in the year) to the weather (remember the Polar Vortex as now the East Coast is basking in record heat?), nothing seemed to go as projected. Therefore, it is with pride that we note that Bud continues to be as consistent as ever. As we celebrated our 87th year in business, we have bucked the trend with double digit growth and increased market share. Why do we think this happened? There have been a number of good reasons:
- We have had an aggressive new product introduction program this year. From many new sizes and styles of NEMA 4x plastic boxes to high end extruded pc enclosures, from snap together utility boxes to explosion proof boxes we have led the market in pushing into new industries and broadening our base
- We have upgraded some of our best sellers. A great example is our AN die cast NEMA enclosure which are now rated IP68, suitable for submerging for extended periods of time.
- We continue to lead the industry in our modification capabilities and lead time. Our five day turnaround on most modified boxes helps us serve the customer as quickly as their local job shop with higher quality and more consistency. On all significant quotations, we booked more than 1/3, which includes many that did not get funded
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As we look back on 2015, we vow to you, our customers, that we will continue to innovate, continue to strive to exceed your expectations and deliver the best enclosures rapidly to speed your design. Thank you all of a great 2015 and our best to you for the holidays and the year to come.
Congratulations on a good year. It’s not easy when the market for enclosures is not growing. Nice people and good products deserve to succeed.