Florida Pneumatic's expanded automotive product line, which now includes the AIRCAT
and NITROCAT suite of pneumatic power tools, plus slightly higher gross margins generated at its overseas UAT subsidiary are the significant factors contributing to Florida Pneumatic's third quarter of 2015 gross margin improvement over the same period a year ago.
As a result of the ETI acquisition, Florida Pneumatic now markets the AIRCAT
and NITROCAT line of pneumatic air tools, which are primarily targeted to the automotive markets.
The most significant factors contributing to Florida Pneumatic's overall growth in its first quarter 2015 revenue, compared to the first quarter of 2014, is the incremental automotive revenue generated by the addition of the AIRCAT
and NITROCAT pneumatic tool lines acquired in the Exhaust Technologies, Inc.
ETI markets its AIRCAT
and NITROCAT brand pneumatic tools primarily to the automotive market.
UAT provides P&F with its first direct entry into the European market, and gives us an additional market to sell our Florida Pneumatic, and newly acquired AIRCAT
Tenders are invited for Provision Of Otm Accn For Aircats At Goa