MADISON, AL — STI Electronics' sales rose 32% in 2008, the company said.
The privately held EMS company, which also offers training and analytical services, recently moved into a new, larger facility to accommodate the growth.
"I expect to keep the same focus in 2009 to keep us strong and our new facility to give us the opportunity to work with more customers and grow well beyond where we are now,” said David Raby, president and CEO, in a statement. “I’m very excited about 2009 and beyond for STI.”
ST. LOUIS – LaBarge Inc. has received $2.9 million in contracts from BAE Systems to manufacture electronics assemblies for A3 Bradley Combat Systems vehicles.
The company has manufactured electronics for the Bradley program since 1982.
Production is expected to continue through June at LaBarge's Huntsville, AR, facility.