Falconer, NY, USA – November 17, 2020 – Falconer Electronics Inc. is proud to be celebrating 35 years in business after humble beginnings. In 1985, Falconer Electronics (FEI) a New York manufacturer was born in a garage. Defying the odds and mortality rates of small businesses, FEI is proud to have overcome. FEI has several employees with over 25 years of service and the majority of the staff have been with them between 10-20 years. FEI has survived in large part because they value their team and their clients.
• Manufacturing in United States for September 2020 was down six percent year over year according to Trading Economic.
• As many as 96% of businesses fail in the first ten years after they are founded.
• The Wire harness market is anticipated to grow by 5% in 2020-2024 per this Businesswire article.
Falconer Electronics (FEI) was founded in 1985 out of a garage and celebrating 35 years of business. Despite a drop off of 6 percent in United States manufacturing for September 2020, FEI is doing well as a major ground strap, commercial power strip and wire harness manufacturer.
Most businesses never reach their 10th birthday. As few as 4 out of 100 businesses statistically stay open for at least 10 years. The key to success for FEI as wire harness manufacturers has been their dedication to first class customer service, starting with the estimate. Prospects can receive a custom estimate in seconds using their quote tool. Businesses that take care of their customers needs from quote to delivery are more likely to make it no matter the industry, including those like FEI in the globally competitive wire harness manufacturer business.
Wire Harness Manufacturers provides services to complete the wire harness assembly process to their clients. A wire harness is an assembly of wires, cables and connectors that transmit electric power or signals.
The future for wire harness manufacturing looks bright thanks to telecommunications and the automobile industry. Economists forecast wire harness manufacturers over the next 4 years will realize an overall global market growth rate of 5%.
Learn more about Wire Harness Manufacturers by reading the WIRE MANUFACTURER RESOURCE GUIDE.