VIDEO: Harting Canada enjoys continued growth, says “2015 fiscal is bright”
March 2, 2015 by Alyssa Dalton
Mar. 2, 2015 – Harting Canada continues to experience double digit annual revenue growth, a trend which shows no sign of abating, said Jon DeSouza, president and CEO of Harting Canada and Harting North America.
The outlook for the company’s Canada and U.S. sales in fiscal 2015 is bright, he said, with key indicators suggesting an acceleration of U.S. GDP growth to the 3.0 – 3.5 per cent range.
“Strong U.S. demand and the Canadian weaker dollar benefits manufacturers in Quebec and Ontario — our largest markets. We expect that to translate into increasing sales for our modular connectivity products in particular, as well as custom solutions like our North American-made backplanes and cable harnesses,” he noted.
Specifically, the company’s Canadian revenues increased by 40% to almost $5 million in Harting’s fiscal 2014.
“Our Canadian revenues grew at almost double the pace of our US revenues, albeit from a much smaller base,” said DeSouza. “It’s hugely gratifying for us to see such continuing success three years after we launched Harting Canada to give the company a full-time direct presence here.”
Harting Canada’s strongest products segments in fiscal 2014 included Han modular connectors – its signature product segment – DC2 connectors like the PushPull lineup, and custom backplane manufacturing, with machinery, broadcastin and transportation as top market segments.
VIDEO was taken at Harting Canada’s exclusive media event earlier this year. Thanks to Design Products News, our sister magazine, for sharing!
Photo A. Dalton