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Article: CEO of Aurora, N.Y.-Based Electronics Maker Focuses on New Products.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- November 2, 1999
- Author:
CopyrightCOPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Knight Ridder/Tribune Business News
Oct. 30 -- Robert J. McKenna feels pretty good about the way Acme Electric Corp. has weathered some stormy times in its electronics markets.
Despite losing one of its biggest customers earlier this year, the East Aurora-based electronics manufacturer still managed to boost its profits by 7 percent during the fiscal year that ended in June, even though its total sales were off by 12 percent. And McKenna predicted that Acme's sales and profits will grow during the current fiscal year.
"Operationally, things are going very well," said McKenna, the Acme chairman and chief executive officer who has revamped the ...