Milestones

Began operations in Merida, Mexico with Sales and Engineering office in Miami (USA).

First 2000 turn high inductance CTs for Electronic Watt Hour Meters.

Mexican facility certified ISO 9002.

Established operations in China, Dongguan, PRC.

New 6500 square meters plant in Merida, Mexico.

China plant certified ISO 9002.

Mexican plant certified ISO 9001.

Established Falco Electronics Xiamen; a WFOE with a USD 4m capital contribution. Initial plant size was 8,200 square meters.

Purchased 85% of KAYPEE India and expanded production capabilities.

Moved Falco Electronics Xiamen to a new 29k square meter campus.

Testing of cores for CTs.

Wire bunching.

Purchased CRS.

Big Blue product.

ISO 14000.

Mexican plant vertical integration of the meter base assembly: molding, stamping and plating.

Base plates introduced.

Electro plating.

Auto testing.

Winding on round aluminum wire.

KPE Tumkur 15,000 square meter plant.

Relays for base plates.

Winding on rectangular aluminum wire.

Silicon steel laminated core for Instrument Transformers.

Plant 6 FEM.

Meter Collar.

Salzgitter Cabinet for CRS.

Powder coated cabinet enclosures and assembly of large inverters and DC/DC converters.

Instrument Transformers introduction.

System testing.

PCBA.

FAS US1.