Rankings of the A. T. Kearney study were based on sales growth and total shareholder return for the period 2004 through 2008. PRIMA ranked first in sales growth ahead of wellknown Italian companies such as Datalogic (8th), Fiat (16th), Finmeccanica (23rd) and the consumer company Campri (24th). During that period, PRIMA’s sales grew by a compounded annual growth rate of 39%, from 97 million Euro in 2004 to 367 million Euros in 2008.
“This study acknowledges the great achievements of the PRIMA Group of companies, which includes PRIMA North America,” stated Terry L. VanderWert, President of PRIMA North America, Inc. “PRIMA is a world leading manufacturer of industrial laser systems and this study further verifies our standing as a leader not only in our industry but in businesses overall. PRIMA has operating divisions in 15 countries and manufacturing facilities in the United States, China, Finland as well as Italy. We continue to invest over 6 percent of our annual revenues in research and development which is one of the key reasons for our standing as an industry leader and for our rapid worldwide growth.”
PRIMA’S industrial laser machinery is used in the fabrication of metal in aircraft, automobiles, tractors, appliances and furniture. Long time users include world-leading companies such as Boeing, Airbus, Fiat, Eaton, Whirlpool, Mercedes, BMW, Rolls Royce, Mitsubishi, Nissan, and Volvo among many others.
For more information about PRIMA North America, go to www.prima-na.com. Or call 413-598- 5200. Write to PRIMA North America, Inc., 711 East Main Street, Chicopee, Mass. 01020.
Website: www.prima-na.com