Frequency Electronics Celebrates 50th Year by Growing Business and Workforce

With growing revenues and an increased workforce, Frequency Electronics, Inc. a Uniondale, Long Island-based manufacturer of atomic and other precision time and frequency products for ground, seaborne, airborne, and space terminals and platforms, is celebrating its 50th year in business today.

In the mid-1990s the company transformed itself from a defense contract manufacturer into a high-tech provider of products used to synchronize voice, data and video transmissions in wireless communications systems. The company also continues to support the United States government with products for defense or space applications, and its technology enables existing systems to achieve improved performance in a cost-effective manner.

“Systems used for ship navigation, landing aircraft, guiding cars by GPS to street addresses, protecting military vehicles from land mines, drilling for oil, connecting communications networks and maintaining security when needed is enhanced by improved precision timing and low phase noise technology, minimizing the need to develop entirely new systems,” said Martin Bloch, founder and CEO of Frequency. “Our technology and expertise enables our customers to do more with less which is extremely important in these times of increasing budgetary restrictions.”

While recent economic conditions have caused other manufacturers to reduce their workforce or experience declining revenues, Frequency Electronics is in growth mode. “We have increased our workforce approximately 18% just this past year to nearly 200 here on Long Island,” said Bloch. “We are actively looking to hire more microwave electronic engineers, designers, skilled assemblers and test technicians as we expand further into satellite payload systems.”

Trading on NASDAQ under the ticker symbol FEIM, the company reported revenues for the first quarter of fiscal 2012, which ended July 31, 2011, of $15.9 million, a 31% increase over the $12.1 million recorded in the same quarter of fiscal 2011. Net income for the first quarter of fiscal 2012 was $1.3 million or $0.16 per diluted share compared to $507,000 or $0.06 per diluted share for the first quarter of the prior year.

Comax Flavors Likes Taste of VAI’s Manufacturing ERP Solution

VAI (Vormittag Associates, Inc.) of Ronkonkoma, Long Island, NY, announced earlier this week that Comax Flavors has selected its manufacturing ERP solution to streamline management operations, enhance productivity time and automate processes.

Melville, NY-based Comax develops flavor technology for the food and beverage industry.  The manufacturer chose VAI’s S2K Enterprise for Manufacturing because of its ability to provide a fully integrated manufacturing solution that could interface with Comax’s existing back-end software packages.  S2K will allow Comax to automate and track the usage of material and labor, improving production time and reducing errors. The S2K solution also enables streamlined customer and supplier collaboration to execute business processes quickly across critical applications.

“We selected S2K Enterprise for Manufacturing after our managed service provider, Network Solutions and Technology (NST), suggested we take a look at VAI,” said Laura Ferrante, Director of Administration, Comax Flavors.  “As a Long Island-based company, Comax was impressed with VAI’s solution offerings, professionalism and industry knowledge.  Additionally, the fact that VAI was local made the choice an easy one.”

UPDATE (June 29, 2010): Following joint client wins with not only Comax Flavors but also Capital Contractors, Inc., VAI announced today a strategic partnership with East Northport, NY-based Network Solutions and Technology (NST) to offer VAI’s S2K Enterprise Software Suite to its client base.  NST is an information technology (IT) services company that focuses on providing technology solutions for small to midsize organizations. The firm specializes in network design and infrastructure, managed services, email solutions, unified communications, website design and marketing, and storage.

“VAI’s S2K product line, industry knowledge and technical expertise were paramount in our decision to work with the firm,” said Matt Brown, Vice President, NST. “The company’s solutions give NST customers access to a comprehensive software suite for the IBM Power™ Systems platform. For this reason, we were excited to work with VAI in the signing of two new clients—Comax Flavors and Capital Contractors, Inc.”

It’s nice to see two Long Island-based technology solutions providers working together.