February 28, 2009 – Electronics manufacturer Z-AXIS completed its 2009 fiscal year today with revenues up more than 30% over fiscal 2008. This is the third consecutive year of at least 30% revenue growth for the electronics design and manufacturing firm, located near Rochester, NY.
Z-AXIS’ growth stems from ongoing demand for its contract electronics design and manufacturing services and its custom power supplies for medical, commercial and industrial applications. The successful acquisitions in 2008 of Display Concepts, LLC and Boundless Technologies, Inc. further contributed to the growth.
“Even with the uncertain economy we are seeing a strong finish to the fiscal year from ongoing production for existing customers as well as new projects for new customers that we acquired over the year,” said Z-AXIS president Michael Allen. “We fully expect to repeat this level of growth again in the coming fiscal year based on projects already in the pipeline, many of which are scheduled to go into production within the next three months.”