I seldom write about financial results, but an exception seems warranted in this case. Galil Motion Control just completed its 100th consecutive quarter of profitability. Despite several recessions, changes in technology and the competitive environment, since 1985 Galil has always kept its balance sheets in the black.
“We have made decisions to keep the company lean and nimble which has enabled us to stay strong despite the challenges in the economy,” said Wayne Baron, president. “Our focus has remained on product development and application support based on genuine customer need.”
Since the introduction of its first servo motion controller in 1984, Galil has gone on to deliver over 500,000 motion controllers worldwide.