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FOR IMMEDIATE RELEASE:


CONTACT:

Brian D. Becker
Visioneering
(P) 586-415-4103
(F) 586-293-1166
bbecker@vistool.com
www.vistool.com


Visioneering Announces Record-Breaking 3rd Qtr 2007 Results!!!

Fraser, Michigan, USA 10/18/2007 - Visioneering, an aerospace tooling designer and manufacturer, is pleased to report continued sales growth in the 3rd quarter of 2007. According to Marc Strandquist, CEO of Visioneering, the sales growth of over 30% from 3rd quarter 2006 to 3rd quarter 2007, as well as YTD sales increase of nearly 33%, occurred due to additional market share gained through implementation of a strategic growth plan. This plan includes increased capacity due to plant restructurings and operational improvements, along with additional capabilities developed through key equipment purchases. According to Tony Robinson, Vice-President of Sales, "Our sales backlog has increased along with our invoiced sales for the last 5 months, so we anticipate sales increases to match the projected continued expansion of the aerospace market. Our internal improvements are preparing us to handle the economic increase of a robust aerospace market as well as business growth through market penetration."

Visioneering's capacity and operational improvement strategy involves a two-phase capital expenditure program that will be implemented by March of 2008. Upon completion the company will have expanded its plant manufacturing space 50%, added a second shift and will have seen a $5,000,000 investment in technology and equipment.

"I credit our talented workforce for their efforts and ability to effectively implement our plan. When this expansion plan is complete it will position us to continue expanding at a double digit rate annually for the next several years, while creating stability and security for all of our employees", states Strandquist.

Visioneering will celebrate it's 55th anniversary in 2008. Special events are being planned to recognize this milestone, and these events will be detailed in future press releases.

Visioneering designs and manufactures tooling and fixtures for the aerospace industry. For more information concerning this press release, please email Brian D. Becker at bbecker@vistool.com.



News & Updates



6/24/08 - Visioneering Announces Selection As Approved Supplier By Honda Aircraft Company, Inc. Click here to read the full press release.


5/28/08 - Visioneering Announces Opening of Plant 3! Full details can be found here.


4/29/08 - Visioneering Announces Record Breaking Sales Growth for 2nd Qtr 2008. More information is available in the press release found here.


2/12/08 - Visioneering Announces Record Breaking Sales Performance! The full story is available here.


1/25/08 - Our 1st quarter, 2008 press release is now available here.

Click here to view the certification.


11/19/07 - A copy of our 3rd quarter, 2007 press release is available here.


11/16/07 - New logo for streamlined, vibrant approach of our business:


new logo

Our old logo has served us well, and has brought much confidence to our customers, our suppliers, and our employees. The new logo will build upon that high level of confidence and help us soar to new levels of enhanced business relationships.


new logo



11/16/07 - New website has been launched!