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SwRI Announces Record 2020 Consolidated Revenues of Nearly $696 Million
February 17, 2021 GMT
SAN ANTONIO (BUSINESS WIRE) Feb 17, 2021
Southwest Research Institute announced consolidated revenues of nearly $696 million in fiscal year 2020, up more than 3% from 2019 and the highest ever recorded by the Institute. Internal research and development spending increased 24%, topping $10 million for the first time.
The Institute’s Advisory Trustees, Board of Directors and special guests met virtually for the 73rd Annual Meeting, highlighted by presentations about several innovative research and development programs underway at SwRI in 2020.
Five decades of innovation; no end in sight (PRUnderground) December 21st, 2020
This year, Power-Packer celebrates 50 years of innovation and growth. Since its humble beginnings as a division of Applied Power, Power-Packer has continued to seize new opportunities to evolve through innovations of the hydraulic position and motion controls systems.
“Over the past five decades, Power-Packer has grown to become a global hydraulic position and motion control leader. Our products are used for tilting, leveling, latching, lifting and stabilizing systems, all used in some of today’s most demanding markets,” states CentroMotion CEO, Roger Roundhouse. “Power-Packer is an exemplary illustration of the subject matter expertise, application and category knowledge, innovation, global presence, and customer commitment that have become the standard for all the CentroMotion brands.”