Genflex reports increased sales
Fourth Quarter 2007
News & events
An anticipated 27% growth in turnover during 2007 will become a 35% growth in real terms for this year reports Genflex Hydraulics, a leading supplier of hydraulic hose and fittings. The Genflex board of directors expects group sales to be over R65 million for the year 2007/2008.
David Michelle, Genflex director, said, "Orders for August of this year have increased by 12% over anticipated budget. I attribute this continued positive trend to the fact that the Genflex name is now becoming a recognised and sought-after hydraulic hose and fittings brand. The first consignment of our newly branded adaptors from China is due to arrive shortly."
Genflex will soon offer its own range of branded hose and fittings
Genflex will soon offer its own range of SAE 100R13 6 spiral hydraulic hose, hydraulic interlocking fittings and Nylon 6 tubing in 6, 8, 10 and 12 mm sizes in black, natural, red and yellow. The hose will be Genflex branded and available in lengths of 100 metres. Nylon 6 tubing is most suited to applications in the heavy-duty pneumatics, automotive, trucking, and food and canning industries.
"In line with this improved performance by the Genflex group of companies, we believe we are strategically placed to extend our services and products to the greater Richards Bay area. We will be opening a branch in Richards Bay and making our presence known there by January 2008 at the latest.
"We have also identified a niche opportunity within the materials handling sector in Gauteng, and currently have on order R350 000 worth of specialised hydraulic fittings to service this industry," concluded Michelle.
For more information contact David Michelle, Genflex Hydraulics, +27 (0)11 900 3235, [email protected], www.genflex.co.za
Further reading:
WearCheck turns the focus on friction modifiers
News & events
One of the most important features of a lubricant is the reduction of friction between two surfaces.A dditives like friction modifiers are added to perform this function. Wearcheck turns the focus on friction modifiers
Read more...
From the editor's desk: Where is AI taking us?
Technews Publishing
News & events
Welcome to another year with
Motion Control. May it be a happy and healthy one where you can rise to the challenges ahead and still enjoy all the good things we have in this country.
As we continue
...
Read more...
Timken funds Kids Haven STEM classroom
News & events
A bright new chapter in digital education has begun at Kids Haven with the official opening of a fully equipped STEM classroom at the Kids Haven Village. This exciting addition was generously donated by Timken South Africa and expertly installed by Breadline Africa.
Read more...
Bearings International enters South Africa’s pump market
Bearings International
News & events
Bearings International has entered into the local pumps market through an exclusive distribution agreement with leading Italian pump manufacturer, SAER.
Read more...
SKF launches the Patent Bay
SKF South Africa
News & events
SKF is launching The Patent Bay, a new platform open to companies that aim to accelerate technologies with the potential to advance sustainability, by making selected patents freely available to others.
Read more...
SKF and Sieb & Meyer announce strategic partnership for magnetic bearings
SKF South Africa
News & events
SKF has announced a strategic partnership with Sieb & Meyer, a renowned expert in variable frequency drives and control electronics.
Read more...
Young SA scientists awarded medals at IRIS Global Symposium in India
News & events
Young local scientists have been awarded gold and silver medals at the recent Initiative for Research and Innovation in STEM global symposium in India, where they displayed their scientific brilliance.
Read more...
UKZN’s SMART lab wins aviation award
News & events
The SMART Lab at UKZN was awarded first place in the Aviation Research and Development category at the Civil Aviation Authority of South Africa’s award ceremony for outstanding contributions and achievements in the aviation sector.
Read more...
Hamar Controls earns dual Siemens Partner Awards
News & events
Hamar Controls, a provider of advanced electrical, control and instrumentation solutions to Africa’s mining and industrial sectors for over 40 years, has been honoured with two Smart Infrastructure Partner of the Year Awards by Siemens.
Read more...
Schneider Electric to become Official Energy Technology Partner of McLaren Racing
Schneider Electric South Africa
News & events
Schneider Electric will become the Official Energy Technology Partner of McLaren Racing.
Read more...
printer friendly version