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11.05.07Expansion of the Stadtroda Production Facilities

Extension of the assembly building will double the production area.

Allied Vision Technologies Invests Millions in the Expansion of the Stadtroda Production Facilities. Extension of the assembly building will double the production area.

At the beginning of April 2007, extensive construction work on the expansion of production and warehousing capabilities commenced at the headquarters of Allied Vision Technologies GmbH in Stadtroda, Germany. The project has been planned to double the production area.

Since Allied Vision Technologies started manufacturing industrial cameras in the German State of Thuringia in 2002, success accounted for a rapid growth in production volumes and turnover. The facilities are already at full capacity for the highly qualified workforce, and space for storing high-tech components including AVT’s strategic inventory of sensors and finished products is already insufficient.

Production is already running in two shifts, five days a week and at peak times also during the weekends. This means that production is currently working at full capacity. The investment plans accommodate an expansion of the current production area by 1,000 m&sub2; (10,764 sq. ft.). This increase will be employed in the expansion of production capabilities and the creation of new storage space. Completion of the new facilities is planned for November 2007.