Extech Reports Record Growth: Tough Budgets Fuel Demand for Affordable Test & Measurement Tools

Waltham, MA (PRWEB) April 27, 2009 ‘ Extech Instruments (www.extech.com), a subsidiary of FLIR Systems, Inc., (NASDAQ: FLIR) announced another year of sustained growth with record sales of $48 million in 2008. As a reflection of the economic downturn, Extech has witnessed a continued surge in demand for their wide range of handheld test and measurement equipment that offers quality and innovation at an affordable price.


 


Jerry Blakeley, general manager at Extech spoke about the success, ‘These are difficult times for many of our customers. Even with restricted budgets, many electrical and HVAC professionals still need to replace or upgrade tools. Many are taking a closer look at Extech’s product line when considering a multimeter, infrared camera, or other test equipment. Extech offers the ideal combination of ruggedness and exclusive, class-leading capabilities at affordable prices.”


 


Blakeley adds, ‘Professionals are voting with their wallets, so to speak. Prominent meter manufacturers are reporting softening demand because of high prices, but low-quality, discount-brand meters are not the answer pros are looking for either. More and more customers are scrutinizing specs and reading online reviews to level the playing field with apples-to-apples comparisons. That’s where Extech shines. With a diverse selection of test equipment, we offer a range of capabilities and a best-in-class website so that smart buyers find what they want and need’at a value that cannot be beat.”


 


Extech continued to gain market share in handheld test and measurement and entry-level infrared cameras in 2008 with total sales and product shipments reaching all-time highs.


 


Extech Multifunction Meters add Value for Customers


Not only does Extech offer an unrivaled combination of value and rugged quality but Extech also combines multiple relevant functions in one tool so technicians get more while spending less. For example, an HVAC professional can opt for an Extech EX623 patented 5-in-1 clamp meter instead of buying a clamp meter plus numerous other test tools. Market research firm, Frost & Sullivan recently reported the rise of combinational testers as one major price-driven trend in test and measurement. Extech has been on the leading edge of this trend for several years, adding exclusive, patented infrared thermometer capabilities into a broad range of testers and meters.


 


With back-to-back years of record growth in the handheld test and measurement market coupled with numerous industry awards for innovative new products, Extech has become the powerhouse source for customers looking for affordable, high-value, high-quality test equipment for the following trades: electrical, HVAC, mold/moisture remediation, plant maintenance, utilities, air/water-quality, sound/lighting compliance, home improvement/remodelers, municipal/state agency property maintenance, lighting installers, handymen, and more. Spec by spec, no other brand compares with accurate, durable, and affordable testers and meters like Extech.


 


About Extech Instruments, a FLIR Company


Headquartered in Waltham, Massachusetts, USA, Extech Instruments is one of the largest suppliers of test and measurement equipment worldwide. Founded in 1971, Extech is known for its depth and breadth of products and its innovation in providing instruments with unique combinations of features that make them highly useful and very convenient. All Extech meters are distributed worldwide through leading representatives, distributors and OEMs. The company is ISO 9001 2000 certified and is a wholly owned subsidiary of FLIR Systems, Inc.


 

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