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Escod Industries, a contract manufacturer specializing in interconnect technology, has set its sights on the world.
After 35 years as primarily a domestic assembler of cables, wiring harnesses, and electromechanical devices, Escod in the past year has expanded operations into Europe, Mexico, and China. "We've got to expand globally, just like our customers," said Michael Kane, vice president of sales and marketing. "We're certainly not done {with global expansion}. We're constantly looking at additional opportunities and additional locations. You've got to be a global supplier."
Escod, with headquarters in Myrtle Beach, S.C., is one of four divisions of the Insilco Technologies Group. In addition to Escod, Insilco businesses include Stewart Connector Systems Inc., Glen Rock, Pa.; Stewart Stamping Corp., Yonkers. N.Y.; and Signal Transformer Co., Inwood, N.Y.
Escod focused almost exclusively on contract cable and harness assemblies for its first 30 years in business. Five years ago, the company also began completing assembly of small electromechanical systems. Escod had revenue of about $60 million in 1998, and expects the figure to grow to between $70 million and $80 million this year.
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