Espey (ESP) Reoprts 30% Backlog Increase to New Record

June 4, 2012 4:32 PM EDT Send to a Friend
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Espey Mfg. & Electronics Corp. (AMEX: ESP) announced new orders resulting in a record high backlog.

Espey has recently received substantial orders for previously designed industrial power supplies and defense related electronics. These orders will be filled over the next two fiscal years. As a result of the new orders, Espey's sales order backlog has increased from $36.9 million on March 31, 2012 to approximately $48.1 million today, a new record.


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