We had an exceptional year with all key areas of our business growing significantly. This record performance was highlighted by the rapid growth of the China Solar Market," said Patrick Peyton, chief executive officer. "We have aggressively increased our internal capacity to meet customer demand and we are expanding our local and international employee base in order to capitalize on future opportunities."
In addition to Despatchs Solar Business Group, the Carbon Fiber and Thermal Technology Groups are also experiencing strong growth. The Carbon Fiber Business Group achieved an important strategic win in the emerging automotive carbon fiber segment and new business from the rapidly growing Korean Carbon Fiber manufacturing industry.
The Thermal Technology Business Group is benefitting from the strong competitive position of U.S. manufacturers and is providing advanced thermal processing solutions for their latest product introductions.