USA: Thermal Fabric Maker Frisby’s Sales On Target
Thermal fabric and climate control developer, Frisby Technologies Inc, on Tuesday said it expects revenue for the current fiscal year to be flat but added current sales were matching forecasts. The North Carolina-based company, which owns the rights to Comfortemp technology, said in March that it expected revenue to climb from last year's $8.2 million when it posted a net loss of $5.2m.