Kortrijk, Belgium, 08-Jan-2018 — /EuropaWire/ — Barco, global leader in professional visualization technology, confirms it is studying a possible re-location of the manufacturing activities of its Barco Fredrikstad AS (Norway) location, while further building out the local R&D and business development activities.
The Fredrikstad location – previously projectiondesign® – was acquired by Barco in 2012. Showing great leadership in the design and development of projectors, the branch was named ‘Barco’s Center of Excellence’ in single-chip DLP projection in 2015.
In order to strengthen its competitive position, Barco is now investigating to streamline its activities and to improve operational efficiency by re-locating the Fredrikstad manufacturing activities and merging it with the larger projection factory at its new facility in Kortrijk (Belgium). Manufacturing and related activities in the Fredrikstad premise today include in total 75 employees.
In parallel, the role of Fredrikstad as Center of Excellence for the Barco Group for Innovation, R&D and business development activities related to single-chip DLP projection will be further strengthened and expanded.
More information will be announced when Barco has concluded its study.
Barco designs technology to enable bright outcomes around the world. Seeing beyond the image, we develop sight, sound, and sharing solutions to help you work together, share insights, and wow audiences. Our focus is on three core markets: Enterprise (from meeting and control rooms to corporate spaces), Healthcare (from the radiology department to the operating room), and Entertainment (from movie theaters to live events and attractions). In 2016, we realized sales of 1.1 billion euro. We have a team of 3,500 employees, located in 90 countries, whose passion for technology is captured in 400 granted patents.
For more information, visit us on www.barco.com, follow us on Twitter (@Barco), LinkedIn (Barco), YouTube (BarcoTV), or like us on Facebook (Barco).
For more information, please contact:
Carl Vanden Bussche, VP Investor Relations
+32 56 26 23 22 or firstname.lastname@example.org