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TESA Announces Multi-million Investment in Renens, Switzerland - TESA SA is announcing investments of more than 3.5 million Swiss francs during 2012, reaffirming the intention to modernize its Renens site - HexagonMetrology.com
TESA Announces Multi-million Investment in Renens, Switzerland

 

PRZOOM - /newswire/ - London, United Kingdom, 2012/01/30 - TESA SA is announcing investments of more than 3.5 million Swiss francs during 2012, reaffirming the intention to modernize its Renens site - HexagonMetrology.com. Nordic Exchange: HEXA B

   
 
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The TESA SA management team stresses once again its attachment to its historic Swiss site and its commitment to ensure sustainability: in 2012 the company plans to invest approximately 3.5 million Swiss Francs.

The aims of TESA are to remain at the forefront of an extremely competitive market by benefiting from the experienced and highly qualified workforce offered by the region.

"The situation remains difficult for the entire export industry and work still needs to be done to find solutions, but a technological company that no longer invests is doomed in the medium-term. We have the opportunity to benefit from the support of the Hexagon group, which acquired TESA in 2001. The number of our employees increased by approximately 30 in 2011 and this was in spite of the high cost of the Swiss Franc and the financial gloom. The creation of a clean room and significant logistic investments, have also contributed to improving the competitiveness of the Renens site. points out Martin Hedman, Director, TESA SA.

During Spring 2012, a new galvanoplasty hall (chrome-plating, nickel plating) will be inaugurated. This will replace today's currently outdated hall and will be entirely automated. This project represents an investment of more than 1.5 million Swiss Francs.

"The new area will comply with the strictest of environmental and safety regulations, in the context of attaining the excellence that TESA has now embodied for more than 70 years", stresses Joël L’Her, production director.

About Hexagon Metrology
Hexagon Metrology is part of the Hexagon AB Group and includes leading metrology brands such as Brown & Sharpe, Cognitens, DEA, Leica Geosystems (Metrology Division), Leitz, m&h Inprocess Messtechnik, Optiv, PC-DMIS, QUINDOS, ROMER and TESA. Hexagon Metrology brands represent an unrivaled global installed base of millions of Coordinate Measuring Machines (CMMs), portable measuring systems and handheld instruments, and tens of thousands of metrology software licenses. Hexagon Metrology empowers its customers to fully control manufacturing processes that rely on dimensional precision, ensuring that products manufactured precisely conform to the original product design. The company offering of machines, systems and software is complemented by a wide range of product support, aftermarket and value-added services.

Hexagon Metrology Services Ltd.
World Headquarters Office
Cedar House
78 Portsmouth Road
Cobham, Surrey
KT11 1AN
Great Britain

For further information, please contact:
Americas
Bill Fetter, Director of Marketing and Communications
P: +1 847 931-0100 ext. 5234 / E: press.us[.]hexagonmetrology.com.

China
Lu Liao, Marketing Manager
P: +86 532 8089 5236 / E: lu.liao[.]hexagonmetrology.com.

 
 
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TESA Announces Multi-million Investment in Renens, Switzerland

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Hexagon Metrology |
Contact: Birgit Albrecht - HexagonMetrology.com 
+41 62 737 67 72 press[.]hexagonmetrology.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Hexagon Metrology securities in any jurisdiction including any other companies listed or named in this release.

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