British Photonic Components Manufacturers GH Transfer Business Center

It is reported that photon components and system professional manufacturers Goch & Housego this week held an annual shareholder meeting in the UK Ilminster this week. As previously disclosed, due to the new crown, the event is carried out in the form of an unapproved "virtual" conference. Virtual AGM reported that industrial laser demand levels improved, and manufacturing is further streamlined. The company's statement added: its long-term strategic goal is' business diversification and moving to the value chain. A & D accounts for one-third of our income, and life science continues to grow strong, and currently accounts for more than 25% of the Group's income. We have been an important new order because we have continuously enhanced system capabilities in three business sectors. " G & H said, "Although the last profit (2018) related to the acquisition of ITL business is paid, in the first four months of this fiscal year, the cash generation is still strong, the group's net liabilities are further reduced. As of January 2021 On the 31st, our order was 95 million pounds, an increase of 1.0% year-on-year. " Business adjustment As part of the company's progress, G & H said it has made good progress in streamlined production bases: "We have transferred all product lines in the Scottish Glenrothes factory. We have been transferred to our Ilminster's new precision optical center. The Glenrothes factory has been closed. " In addition, the work "AO) products from Ilminster to its contract manufacturer in Asia," we expect this work to be basically completed before the end of this fiscal year. " The company also launched two different streamlined projects: the production of Mr-Movie, Maryland will be transferred to its factory located in Boston, Massachusetts and the British German Torquet, Baltimore factory will be closed. "Many of our customers in Baltimore are also served by our Boston and Torquay factories. This will result in two optical fiber centers, one of the Atlantic two sides." The production of G & H plants located in San Assassin, Wales will also be transferred to the UK Precision Optics Center located in Ilminster. A optical system engineering and design center will remain in St ASAPH, to accommodate optical system engineers to continue the development of new products. Editor in charge: HAQ, read full text

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