BUFFALO, N.Y. — Sales at Taylor Devices Inc. (Nasdaq SmallCap: TAYD) in North Tonawanda increased 25% during its 2023 fiscal year, the company reported today.
The company, which employs 125 and makes shock and vibration controls for various industries, reported record sales of $40.2 million for the year that ended May 31, compared to $30.1 million the previous year.
Sales for industrial applications of products were up 85% for the year, according to the company's filing with the U.S. Securities Exchange Commission, though industrial only makes up about 10% of overall sales. Structural construction made up about 51% of sales and aerospace/defense made up about 39%.
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