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Raydan Manufacturing posts strong second quarter

EDMONTON, Alta. -- Raydan Manufacturing has reported its Air Link air ride walking beam suspension has helped the c...


EDMONTON, Alta. — Raydan Manufacturing has reported its Air Link air ride walking beam suspension has helped the company increase its revenues by 78 per cent in the second quarter.

The company posted second quarter revenue of $2.7 million compared to $1.5 million the same time last year. Revenue over the first half was up 79 per cent to $5.4 million compared to $3 million over the same period one year ago.

Air Link unit sales for the quarter were up 147 per cent over last year while customer service and chassis modification revenue showed an increase of 21 per cent, the company reports. Raydan officials say the growth should continue with the completion of new facilities.


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