Elasco Increases Revenue 60%
GARDEN GROVE, Calif --Elasco, Inc. is pleased to report a 60% increase in revenue. Between January and June of 2010. Elasco is on track for continued growth during the next six months.
Elasco is a polyurethane and plastics design, molding and manufacturing company with a production facility in Southern California and 31 years in business. Sales have increased in the first six months of the year due in large part to increases in orders from recreational products providers. Elasco is seeing significantly more custom orders for high performance roller skate and skateboard wheels from clients who require quick turnaround, a variety of colors and models, and high quality materials. As Elasco a California-based company, can provide faster delivery, smaller quantities, and higher quality manufacturing processes and raw materials, many customers are selecting Elasco over Chinese manufacturers which require larger volume orders and long lead times.
Henry Larrucea, Elasco CEO, commented: “This is a growth year for our polyurethane manufacturing business. At the halfway mark we have already topped last year’s revenue. We see positive indicators of continued growth this year from product orders from existing customers as well as anticipate sales to new customers. The recovery is lifting within our niche markets and customers are responding to our ability to provide a diverse range of high quality polyurethane formulations delivered quickly and cost effectively.”
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