When comparing the first quarter of 2013 to the same period in the prior year, ATP product revenue improved, due primarily to special orders shipped in the first quarter of 2013. Additionally, Hy-Tech Machine products, which primarily focus on the mining, construction and industrial manufacturing markets (“Hy-Tech Machine”), saw its first quarter of 2013 revenue increase slightly, when compared to the same period in 2012. Finally revenue from its Major customer declined, as we believe this customer has been reducing its world-wide inventory levels during the first quarter of 2013.
When comparing the first quarter of 2013 to the same period in the prior year, ATP product revenue improved, due primarily to special orders shipped in the first quarter of 2013. Additionally, Hy-Tech Machine products, which primarily focus on the mining, construction and industrial manufacturing markets (“Hy-Tech Machine”), saw its first quarter of 2013 revenue increase slightly, when compared to the same period in 2012. Finally revenue from its Major customer declined, as we believe this customer has been reducing its world-wide inventory levels during the first quarter of 2013.