Eltek Ltd.: With Growth And Efficiency Improvements Just Ahead, This Could Be The Right Time To Buy Stock
- Eltek's CEO expects a 20% capacity increase along with significant efficiency improvements by 4Q 2014. But positive effects of this program will start being seen in the current quarter.
- In a recent interview, new majority owner Nistec envisions doubling plant capacity in the near term.
- Eltek is busy attending industry conferences and gaining important industry qualifications and certifications to take advantage of new plant capacity and greater operating flexibility.