2012 Year End Newsletter
The year 2012 is rapidly coming to a close and we would like to take this time to express our sincere appreciation to our customers, suppliers, and selling partners for playing valuable roles in our success this year and in years past.
We successfully followed up last year’s record-breaking sales level with a 7% increase in 2012. To keep pace we added staff members in our manufacturing, accounting, and engineering departments. We have also purchased and brought an additional rotary surface grinder to our floor, which will increase capacity and grind capabilities. Our continued “systemization” of the organization with defined and documented procedures is an ongoing effort to increase our efficiency reduce our turn-around time and ensure top-quality products and service.
Our MicroForm™ product line continues to expand from our initial µFG150 “desktop” model to larger µFG250 and µFG450 models, with customization and configuration options for targeted solutions. We’ve defined and documented the “ABTech Standards” for form, position, and orientation measurements as used in our MicroForm gages. We continue to be a leading provider of ultra-precision metrology instruments and motion systems to the aircraft, aerospace, optics, and general industrial machining market segments.
Other highlights for 2012 included:
- Expansion of our export locations to include Antarctica, where an ABTech air bearing system will be located for testing so sensitive it needs to be positioned at the South Pole to take out the influences of the earth’s rotation! Now we are one of only a very few companies that can say we have exported to all 7 continents.
- Successful installation of our largest ever air-bearing setting master calibration gage at 150”. That’s 12 ½ feet (3.75 meters) of precision accuracy for an energy-sector manufacturer in Maine to set their beam gages for on-machine measurement of large turned parts. This gage also featured ABTech’s own digital readout (DRO) display software and electronics.
- Delivery of five (5) more resolver rate table systems to the Crane Naval Warfare Center for use in testing Trident missile resolvers
ABTech and its employees have embraced the local “Community Wealth Building” initiative through volunteering and/or fundraising for the United Way; the Prouty ride and walk for the Norris Cotton Cancer Center at Dartmouth Hospital; Tough Mudder challenge for the Wounded Warrior Project; Habitat for Humanity; Upper Valley Wilderness Response Team; among others. Our “Pride in Precision” company philosophy extends beyond our products to a greater sense of pride in our communities.
Continuing our support for the Regional Center for Advanced Manufacturing (RCAM) we’ve assisted with the development of their curriculum; paid internships for students; and recently hired a computer science graduate (and Marine Corp veteran) as a full-time software programmer.
Last but not least we are very proud that our founder and president Ken Abbott was awarded the distinction of 2012 Entrepreneur of the Year for the Monadnock region. In presenting the award Mary Ann Kristiansen, executive director of the Hannah Grimes Center, summed it up:
“Ken has envisioned and grown a technologically sophisticated global business. At the same time, Ken’s priorities clearly revolve around his family, his employees, and his community. Ken is a true community wealth-builder: his business success, his personal integrity, and his active involvement in our region strengthens our local economy and adds to the overall quality of life in the area. Ken is very deserving of this year’s Entrepreneur of the Year award.”
Thank you again for favoring us with your business. We hope that 2013 brings your company greater prosperity and security, and we look forward to the opportunity to work with you towards the success of your next project.