Cemtrex gets over USD 13m in new orders

Cemtrex Inc. (Nasdaq: CETX, CETXP, CETXW), a world technology and manufacturing company, has announced that the company received over USD 13 million in new orders in its Electronics Manufacturing Services (EMS) Segment during its most recent quarter ended September 30th, 2018, the company said.

The company´s new orders were driven primarily by customers in wearable smart devices, medical devices, industrial technology, automation, and measurement devices. The orders came from both new customers and existing customers such as ERBE, ABB, and Heinzmann. With these new orders the total EMS segment´s backlog remains over USD 50M in total which puts the segment on a path toward organic growth of 10% over the next twelve months.

Cemtrex is the manufacturer of the SmartDesk, the world´s most advanced workstation. Cemtrex is a diversified technology company that´s driving innovation in a wide range of sectors, including smart technology, virtual and augmented realities, advanced electronic systems, industrial solutions, and intelligent security systems.