December might signify the end of the calendar year, but June 30 marks the end of the fiscal year for Econocorp and many other companies across the nation. Econocorp is proud to be completing a strong and successful year that demonstrated rising sales numbers and enabled participation in many important trade shows.
Now, as the July 4 holiday arrives, Econocorp will head into its annual one week plant shutdown to allow employees to recharge their batteries and return to work refreshed and ready for another outstanding year.
The Importance Of a Fiscal Year
A fiscal year is a 12-month accounting period that tracks a company’s performance and growth. Financial statements must be published at the end of year fiscal year for the Securities and Exchange Commission (SEC) to review. Some companies keep their fiscal year-end in sync with the calendar year-end of December 31, but other companies like Econocorp prefer to distance the fiscal year-end from the resource intensive holiday season.
Trade Shows Across the World
Econocorp spent 2017-2018 participating in many one-of-a-kind trade shows and conferences around the world. From June 5 to June 8, Econocorp participated as a vendor at EXPO PACK Mexico with more than 1,000 other companies. Next came the ProPack Asia event from June 13 to 16, where Econocorp leaders spent time connecting with trade buyers, international suppliers, and innovative technologies.
Steadily Rising Sales
As a recognized worldwide leader in cartoning, tray forming, and casepacking for moderate and lower production volumes, Econocorp has achieved its mission of connecting with companies that want practical, affordable, and reliable solutions. We offer packaging options for the frozen food, pharmacy, beverage, home goods, and craft beer industries. Our machines are efficient and advanced, but are also affordable for a traditional business. We are proud to continue increasing our sales as more businesses discover our products and appreciate their value.
To learn more about the packaging solutions provided at Econocorp, call (781) 986-7500. One of our packaging sales representatives will help you find the information that you need to use the machine best suited for your business.