CNC Prototype:
CNC Stands for "Computer Numeric Control" In this process a computer converts the design made with drawing software into numbers.
CNC Prototype,CNC Machining Prototype,CNC Prototype Machining,CNC Plastic Machining YuYao Haoyi Model Factory , http://www.china-prototyping.com
In addition to molded samples from prototype tooling, we could support the manufacture of CNC samples (both plastic and metal prototype are available) for different purposes such as testing, displaying, CNC Plastic Machining, etc. The turnaround will usually be 2 weeks or less from the time we receive the design data files. CNC samples for material evaluation and cushion testing are also available at different densities. The turnaround will depend on the materials available at the CNC production site.
United States parts supplier Meritor Corporation recently announced its financial report for the fourth quarter of fiscal year 2011 (June to September) and for the entire fiscal year (October 1, 2010 to September 30, 2011). It also made predictions on the financial situation in fiscal year 2012.
In the fourth quarter, Meritor’s sales were US$1.2 billion, a year-on-year increase of 29%; operating income was US$38 million, diluted earnings per share was US$0.40, and operating income for the same period last year was US$9 million, with diluted earnings per share of 0.09. Dollars. The adjusted income was 43 million U.S. dollars. The adjusted income for the same period last year was US$14 million; the adjusted EBITDA was US$97 million, which was an increase compared to the same period last year (US$75 million). The free cash flow in the fourth quarter was $23 million, compared with $42 million in the same period last year.
For the entire fiscal year, Meritor’s sales totaled US$4.6 billion, a year-on-year increase of 31%; net income was US$63 million; net income for fiscal year 2010 was only US$12 million; operating income was US$65 million, diluted earnings per share. US$ 0.67, operating income for fiscal 2010 was US$ 14 million, and diluted earnings per share were US$ 0.16.
For the upcoming fiscal year 2012, Meritor expects that sales will be around US$4.8 billion; adjusted EBITDA will be between 8.2% and 8.6%; adjusted income will be between US$105 million and US$135 million Between the U.S. dollars; free cash flow is between 25 and 75 million U.S. dollars; effective tax rate is approximately 40%.