Fifth consecutive year of growth for INEX announced for 2008

Thu, 4th June 2009

INEX reports revenue growth for 2008 of 51%, a performance which places it among the fastest growing microtechnology contract manufacturers worldwide. This result closely follows release of an influential report “The Future of Business – The Changing face of Business in 21st Century Britain” (commissioned by HSBC) which identified Newcastle as one of six UK hot spots for miniaturisation technology. Commenting on the result, INEX Managing Director Ken Snowdon attributed this excellent performance to the buoyancy of its specialist electronic device business, coupled with the transfer to production of a number of earlier development contracts.