Sep 23 2008
StockerYale, Inc., a leading designer and manufacturer of structured light lasers, LED modules and specialty optical fibers for industrial OEMs, medical and defense markets, today opened a state-of-the-art facility in Cork, Ireland. The leased facility doubles the production capacity of the Company's LED Systems business, which is experiencing significant growth as a result of secular trends in key inspection, industrial, and security verticals. The Cork facility will also serve as a research and development center in support of the Company’s patented 'Chip-on-Board' LED technology.
“Our LED Systems business is experiencing substantial growth, the result of sales and marketing investments made in the past year, coupled with strong demand for machine vision applications, including solar cell, flat panel glass and printed circuit board inspection, and optical character recognition for security applications,” stated Mark W. Blodgett, Chairman and CEO of StockerYale, Inc. “As we move to aggressively pursue this demand and penetrate new high growth and high margin verticals, such as the dental and dermatology markets, the new Cork facility will enable us to supply products to our customers.”