Boston, MA, [1/18/17] – This week Global Interconnect, Inc. employees gathered at the world headquarters to report 4th quarter earnings and fiscal year 2017 financial results which showed a 17% increase in gross sales compared to 2016. As many top tier medical device OEMs throughout the sector continue to consolidate their approved vendor lists, some high-end custom manufacturing firms like GII have seen a drop in total sales. Despite this industry-wide trend, GII grew existing customer revenue while also adding ten new customers during 2017. The success and continued growth of GII demonstrates the ongoing confidence our customers place in our total customer experience.
Responding to the industry’s persistent demand to limit risk to zero device failure while streamlining the supply chain process, GII proves itself as an industry leader once again. Chief Operating Officer, Todd Squire, presented the employees with the fiscal year figures which exceeded goals by a resounding 9%. Squire stated, “The positive expansion of GII’s footprint in the marketplace is a direct result of the tireless work and commitment our team members put in to exceed our customers’ requirements. We are not viewed as a supplier but rather a valued team member that is truly vested in making an impact and influential difference to our customers respective missions. We continue to redefine the meaning of partnership and our commitment to this, as well as unparalleled quality, sets the stage for another year of strong earnings and sales growth in 2018.”
2017 also introduced groundbreaking product innovations that met the most challenging demands of our medical and high end industrial customers. GII helped OEM’s launch over 100 new products in 2017 and satisfied global supply chains with our blend of hybrid cable solutions and highly intricate custom molded cable assemblies, which has served as our backbone of expertise for over 23 years.
Global Interconnect, Inc. has been an innovator of high-end custom wire harnesses, connectors, and molded assemblies for Medical Device and Industrial OEMs since 1995. Where customized solutions become critical connections-our unique combination of experienced engineers and precision manufacturing paired with our personal, expert, responsive local service is what defines the Global Difference!
For more information please contact Global Interconnect’s Marketing Manager, Colin Angle, at Cangle@Globalinterconnect.com