Agiltron, Inc., a developer and manufacturer of photonic and optical components for communications, sensing and imaging, has managed to survive and grow in this economic downturn.

 

The company has not only continued to achieve revenue growth, but also increased its facilities and hired new employees during the tough economic times. It reportedly made it to 2009’s Inc. Magazine's 5000 companies. Agiltron is among the Top 50 for the engineering industry.

 

This prestigious list has been made based on percentage revenue growth over five years. According to company’s officials, this is its fourth consecutive year to be included on the list.

 

There are many reasons for this spectacular performance. Agiltron sold new products, and pump funds in many research and development programs. It also had funds for company acquisitions and put them to use by acquiring Raman Systems and SensArray Infrared.

 

Raman Systems specializes in portable compact Raman spectrometers for chemical analysis and SensArray Infrared supplies infrared detectors for spectroscopic and analytical applications. These acquisitions have been completed successfully and operations of both companies are now integrated into Agiltron's Woburn facilities.

 

This year, Agiltron leased more than 10,000 square feet at 1 in Woburn, Mass., and added 20 new employees. This new space is very near Agiltron's existing building. It is continuing its hiring process and regularly lists several open positions at its Web site. The company encourages all qualified applicants to apply for these positions.

 

Agiltron’s home base is north of Boston, and now has more than 100 employees including nearly 40 Ph.D. scientists and engineers. In addition to its optical product operation, the company has two new subsidiaries: Thermaltron, for microelectromechanical systems-based sensors, and Nanotron, for new materials-based products.