CVD Equipment is a company that is starting to earn recognition on Wall Street. Located in Ronkonkoma, New York, CVD is a designer and manufacturer of standard and custom state-of-the-art equipment used in the development, design and manufacture of advanced electronic components, materials and coatings for research and industrial applications. Today, CVD announced that they have increased orders by 70%.
For the three months ending June 30, 2010, the young company received $6.0 million in new orders and approximately $9.3 million for the six months ending in the same time period. These figures surpass the $2.8 and $5.5 million of new orders during the same periods of 2009 respectively.
CVD has quickly made a name for themselves in the commercialization of tomorrow’s technologies with most of their orders being received with the CVD/FirstNano (FN) division for equipment solution offerings. Orders received by the CVD/FN division during the first six months of 2010 increased by 72% when compared to 209 levels.
CVD believes these trends will continue because of the large demand for energy savings, energy generation materials and products. CVD has developed what is required to address rising energy and environmental costs that will continue to grow.
Currently, CVD is trading in the $3.54 range. With the reporting of these numbers and an array of environmentally friendly products in place, CVD is a company that investors should examine.
To review more about the up-and-coming company, visit CVD’s website at www.cvdequipment.com.
Let us hear your thoughts below: