NEC Expands into New York Market

NEC additionally plans to capitalize on Cranford's already-existing digital photography studio, and design services for catalog work.

Cranford marks NEC's third acquisition in 18 months. "Cranford is probably the largest, most significant acquisition," assesses Flatt. Prior to acquiring the Cranford facility, NEC reported $26 million in annual revenues; with Cranford, NEC boasts $33 million in sales. Just a year and a half ago, annual sales were at $14 million.