With billions of dollars worth of capital equipment in operation around the globe, and over 50 years of service to the plastics and converting industries, Gloucester Engineering Co. Inc., is coming off two consecutive years where it has doubled its annual sales. By recapturing customer confidence, the company’s backlog has steadily increased and management is forecasting an additional 35 % growth in 2013.
GEC Backlog Points to 35% Growth in 2013
“We know many customers were concerned about our future back in 2010 when the company was forced to restructure”, says Carl Johnson, president of GEC. “But our recent financial performance, our new product introductions and the fact that we made two acquisitions last year have signaled to the market that we are healthy and resurgent,” he adds.