I have it on very good authority that Universal Instruments began turning a profit during the third quarter last year and is now doing much better in terms of customer demand and operations.
I have personally noted some recent wins — in some cases, orders for several machines at a time — that support the notion that their business has turned up. As the only American-based manufacturer of placement equipment, I hope this streak continues.
Full disclosure here, I am a rep for UIC.
This is true. UIC is not the same company it was a 10 or even 5 years ago. And business are beginning to recognize it and flock to UIC in droves. There’s a real reason behind why they’re making money. And it’s good old fashioned hard work and providing a good product. No monkeying around with the numbers and all that crap so many people pull. (I’m looking at you Wall Street)