HWIC – A mover and shaker
You might remember HWIC Global, Inc. (HWIC) from the big 30% to 40% wins this “clean room” manufacturer earned us awhile back.
Since then, HWIC has kept signing massively lucrative contracts to supply some of the world’s leading hospitals, laboratories and manufacturers with sterile facilities…at about $140 per square foot!
That’s not exactly cheap, and these aren’t tiny closets we’re talking about, either, so HWIC is rolling in revenue on every deal that comes in.
Some of these facilities can get into the 10,000 square-foot range — that’s a 1/4 acre filled with hi-tech proprietary PVC walls, vents, power and HVAC, all included for maybe $1.4 MILLION.
No wonder HWIC got to brag in its latest quarterly numbers that sales are up 80% on a year-over-year basis!
Talk about a growth play! And with all the hospitals begging HWIC to bring their pharmacies up to the new “USP797″ standard last quarter, you can see why the action has heated up on this once-obscure ticker.
