Strong Fiscal Year for Applied Vision
Applied Vision Corporation, a provider of machine vision inspection systems for the container manufacturing industry, recently announced 2009 earnings on target with the company's growth trajectory over the past five years, marking the end of a sound fiscal year with a strong cash reserve position entering 2010.
"In better economic times or otherwise, we have never stopped innovating," said Manijeh Novini, Chief Financial Officer and co-founder of Applied Vision. "Our team members have been solving unique machine vision challenges since 1980. As a result, we've led the way for three generations of inspection technology. Today, there are more than 6,000 Applied Vision installations worldwide in more than 30 countries. We have triumphed over recent hard times by continuing what we do best - providing our global client base with the very best technology and customer support in the industry."
Over the past 12 months, Applied Vision was selected by Sonoco to design an industry-first solution for vision inspection of membrane/foil ends. And for instance, the company was chosen by Impress Group to develop food can inspection systems for multiple easy-open end manufacturing lines for its new North America plant.
