Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of
precision sensors and systems, recently released several product
offerings that support the company’s focus on providing innovative
solutions to its global customer base.
Ziv Shoshani, VPG’s Chief Executive Officer and President said,
“It is a continuous focus of the entire VPG team to advance the
definition of innovation. It is our goal to develop products that
are responsive to industry needs and help our customers better
serve their markets and customers.”
Recent product launches and offerings have been announced in
each of the company’s reporting segments.
Foil Technology Products
The FRFC Series, a new family of ultra-high-precision flip chip
resistors based on the market-leading Z1 Foil Technology, was
recently introduced. FRFC Series devices provide designers with
perhaps the most stable resistors available today – allowing them
to achieve new benchmark levels in performance. In addition to
saving on board space, the devices’ flip-chip terminations increase
reliability by providing better strain relief to help eliminate
cracked substrates and board delamination.
The FRFC Series flip chip resistors are optimized for a wide
range of high-precision industrial, telecommunications, medical,
and laboratory applications; including bridge networks, gyro
navigation controls, pressure sensors, standards and decade boxes,
process controls, weighing systems, electron beams, and automatic
test equipment. Further information about the FRFC Series can be
found by clicking here.
We also recently announced that we have expanded our Super Stock
program, with a wide range of strain gage patterns, guaranteed to
be in stock for our worldwide network of customers, with
off-the-shelf delivery. The Super Stock program reduces lead times
to keep design engineers on schedule in meeting tight customer
deadlines. Eliminating the need to compromise in the selection of
strain gages, the program’s lineup includes a variety of stress
analysis patterns, ensuring that the right gage for the best
results is always available. Super Stock patterns include our most
popular precision stress analysis strain gages which are used to
meet demanding testing requirements in the transportation,
infrastructure, and consumer markets. Click here for more
information.
Force Sensors
Combining weighing and counting modes with an array of advanced
features and communication interfaces, the Intuition 20i and
Intuition 22i were recently launched, providing versatile solutions
for a wide range of commercial and industrial applications. For
truck, bench, floor and counting scales, the Intuition 20i and
Intuition 22i were developed to optimize inventory control
applications, with battery-powered versions available. The
instruments include full diagnostics and offer customizable
hardware and software for any application involving legal for trade
weighing. Now available, more information can be found by clicking
here.
Weighing and Controls Systems
The new G5 family of weighing instruments, the latest generation
of the company’s modular high-speed systems for industrial weighing
and force measurement applications, was introduced by BLH Nobel and
first displayed at the European Expo Industrial Fair in
Kristianstad, Scandinavia in early April. The G5 family increases
speed and performance, offering intuitive operation, easy
calibration and advanced diagnostics. Leveraging the flexibility of
the BLH Nobel G5 units, industrial plants can easily meet today’s
complex application demands while adapting to tomorrow’s evolving
requirements. BLH Nobel G5 instruments support a wide range of
industrial applications, including process weighing and control,
force measurement, factory automation, high dynamic force
measurement, and high-speed batching/blending systems.
Well-received and already in use, the G5 will be featured at the
upcoming Atlantic Canada Petroleum Show, to be held June 22-23 in
Mile One Centre, St. John's, Newfoundland and Labrador. Visit VPG
at the BLH Nobel booth 1420. For more information about the show,
click here. More information about the G5 weighing instruments is
available by clicking here.
About VPG
Vishay Precision Group, Inc. (VPG) is an internationally
recognized designer, manufacturer and marketer of: components based
on its resistive foil technology; sensors; and sensor-based systems
specializing in the growing markets of stress, force, weight,
pressure, and current measurements. VPG is a market leader of foil
technology products, providing ongoing technology innovations in
precision foil resistors and foil strain gages, which are the
foundation of the company's force sensors products and it’s
weighing and control systems. The product portfolio consists of a
variety of well-established brand names recognized for precision
and quality in the marketplace. To learn more, visit VPG at
www.vpgsensors.com.
Forward-Looking Statements
From time to time, information provided by us, including but not
limited to statements in this report, or other statements made by
or on our behalf, may contain "forward-looking" information within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements involve a number of risks, uncertainties, and
contingencies, many of which are beyond our control, which may
cause actual results, performance, or achievements to differ
materially from those anticipated.
Such statements are based on current expectations only, and are
subject to certain risks, uncertainties, and assumptions. Should
one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
materially from those anticipated, expected, estimated, or
projected. Among the factors that could cause actual results to
materially differ include: general business and economic
conditions, changes in the current pace of economic recovery;
difficulties or delays in completing acquisitions and integrating
acquired companies(including the acquisitions of Stress-Tek and
Pacific Instruments); the inability to realize anticipated
synergies and expansion possibilities; difficulties in new product
development; changes in competition and technology in the markets
that we serve and the mix of our products required to address these
changes; changes in foreign currency exchange rates; difficulties
in implementing our ERP systems and the associated impact on
manufacturing efficiencies and customer satisfaction; difficulties
in implementing our cost reduction strategies, such as
underutilization of production facilities, labor unrest or legal
challenges to our lay-off or termination plans, operation of
redundant facilities due to difficulties in transferring production
to lower-labor-cost countries; and other factors affecting our
operations, markets, products, services, and prices that are set
forth in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2015. We undertake no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events, or otherwise.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160426006017/en/
VPGWendy WilsonSenior Director Investor Relations and Corporate
Communications919-374-5501wendy.wilson@vpgsensors.com
Vishay Precision (NYSE:VPG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Vishay Precision (NYSE:VPG)
Historical Stock Chart
From Jul 2023 to Jul 2024