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Headquarters: Anaheim, CA
2014 Revenues: $133 million
Change in Sales from 2013: 12.7%
Number of New Locations: 1
Key Executives: Glen Ceiley, chairman and CEO; Don Wagner, president and COO; Zach Ceiley, VP, sales and marketing, Courtney Cresap, director of purchasing; Michael Narikawa, controller
Bisco Industries is a global distributor of electronic components, fasteners and mil-spec hardware, serving the aerospace, communication, computer, fabrication, industrial equipment, instrumentation, marine and military industries.
Bisco has seen "robust growth" in the aerospace sector, specifically among aircraft manufacturers and aircraft part and component manufacturers. The company also has seen strength in the printed circuit board (PCB), and sheet metal work industries.
End-markets showing weakness include the semiconductor industry, as well as manufacturers of computers and related accessories.
According to the company's Market Leader nomination form: "In 2015 Bisco Industries is looking to continue to expand our market share in the aerospace and defense industries. Strategic partnerships with suppliers like Boeing are key to these efforts. In addition, Bisco sees untapped potential in the marine industry among shipbuilders and related manufacturers.
"Bisco anticipates that new partnerships with manufacturers such as ABB will help boost growth in the marine sector. Bisco is also expanding its local presence by adding an additional warehouse to serve the southeastern United States and by opening new sales facilities in South Carolina and Florida to support the growing aerospace and manufacturing markets."
Challenges this year include:
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