CONNEX Facilitates a $100,000 Sales Opportunity for Novo Precision
CONNEX Facilitates a $100,000 Sales Opportunity for Novo Precision
Novo Precision, a Bristol-based company founded in 2015, registered with CONNEX Connecticut in February and quickly reaped the benefits. Within a few months, they responded to an RFQ and secured a new sales opportunity worth an estimated $100,000 per year. The connection was made possible by CONNEx Connecticut’s mission to connect Connecticut manufacturers with each other.
“Using CONNEX, we were able to find a great strategic match with a local company that we estimate will generate around $100,000 in annual sales,” said Bill Hazard, President of Novo Precision. “They were previously purchasing this product out of state and finishing it in-house, but we are able to provide them with a complete solution. We believe this will be a win-win for both companies.“
CONNEX Connecticut is playing a vital role in strengthening Connecticut’s manufacturing sector by fostering connections between local suppliers. By facilitating these connections, Connex CT is helping businesses like Novo Precision expand their customer base and achieve their growth goals.
Novo Precision responded to an RFQ through CONNEX and secured a contract with an in-state company worth $100,000 in sales per year.
Bristol, CT
50+ employees
A leading manufacturer of precision products and services for the wire, cable, and tube industry since 1981.
"Using CONNEX we were able to find a good strategic match with a local company that was buying out of state and finishing in-house. We can provide complete turnkey service which is a win - win for both companies."
Bill Hazard, Novo Precision