Espey Receives $14.5M in New Orders
Espey Mfg. and Electronics Corp. (NYSE: ESP) has recently received a significant series of orders that total approximately $14.5 million. These orders are for follow on business to existing programs that the Company has been a part of for several years. Shipments under these orders are expected to take place over the next 36 months.
The total sales order backlog is approximately $44.0 million as of December 13, 2010 compared to $31.8 on September 30, 2010.
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