Issue link: http://alpine.uberflip.com/i/543824
G O O D CO N N E C T I O N S | S U M M E R 2 0 1 5 4 COMPONENT MANUFACTURER SURVEY Survey Highlights How Component Manufacturers Expect to Grow Their Businesses I n the fourth quarter of 2014, Alpine commissioned an independent survey of U.S. component manufacturers. The objective was to learn more about their demographics, operations and growth plans. Respondents were asked about the specific steps they are taking to grow their businesses and key factors that can help them achieve their objectives. Nearly 120 survey responses were received from component manufacturers, with excellent representation from large components manufacturers nationwide. These research findings are being utilized to help Alpine better serve its customers. Snapshot of the U.S. Component Manufacturer DEMOGRAPHICS 68% work in family owned firms 48% have personal ownership 82% are responsible for general management 81% have been in the industry 10+ years FIRMOGRAPHICS 81% have 1 plant 56% operate across multiple states 87% have grown in the past two years 80% have fewer than 50 production employees The Component Industry Is Growing Question: Over the past two years, have your company's revenues grown, declined or stayed the same? Question: What amount of growth per year are you expecting to see, on average, over the next 3 years? 0% 20% 40% 60% 80% 100% Grown Stayed the same Declined 0% 20% 40% 60% 80% 100% Grown Stayed the same Declined 0% 5% 10% 15% 20% 25% 30% Firms with >$50MM in annual revenue Firms with a written business plan Average across all rms Percent annual growth rate over the next 3 years 26.0% 19.3% 15.0%