News

MANKATO, MN – Winland Electronics, Inc., designer and manufacturer of custom electronic control products and systems, reported first-quarter revenues of $9.3 million.

This was an increase of 13.4% compared to $8.2 million reported for the same period last year. The increase was the result of a 16.4% increase in sales for OEM customers, partially offset by a 12.5% decrease in sales of the company's proprietary line of products.

Gross profit was $1.2 million, 13% of sales, down from $1.7 million in sales for the first quarter of 2006.

Total operating expenses increased 34.1% to $1.5 million when compared to $1.2 million year-over-year.