Haas Automation Produced Twice As Many Tools In 2010

Sixty percent of the machines were sold overseas.

March 10, 2011

Machine tool builder Haas Automation doubled its 2010 production totals, with fourth-quarter 2010 revenues that were 118% higher than the first-quarter of the year.

The California-based builder noted that demand for its products grew steadily throughout the year.

"December was our best month since June 2008, with orders up 150% and revenue up 96%, year over year," said Bob Murray, Haas' general manager. "We see that trend continuing in 2011."

He said 60% of Haas machines sold in 2010 were delivered to international markets. Haas sales in Russia increased more than 120%, and sales in India rose 107%, while Chinese sales increased 68% and Latin American sales increased 65%.