New Production Facility in China Complemented by New PrismaFlex and Squadrat Partnerships and Product Line Extensions
New York, NY (June 16, 2015) — Trans-Lux (TNLX) announces the opening of a new design and production facility in Shenzhen, China to complement its existing manufacturing operations in Des Moines, IA. Additionally, the company announced the formation of new technology partnerships with leading LED suppliers Prismaflex International (ALPRI:FP) in Haute-Rivoire, France, and Squadrat in Schwanstetten, Germany.
“Our new design and production resources in China, and the addition of two highly renowned technology partners further support the continued growth of Trans-Lux on a global scale,” said J.M. Allain, President and Chief Executive Officer, Trans-Lux. “Our new manufacturing facility in China complements our manufacturing capabilities here in the USA and allows us to accelerate delivery times with better quality controls. Combined with our new technology partners and expanded product LED display solutions for the Out of Home (OOH) market, Trans-Lux delivers the best value proposition for LED displays in the industry.”
The new factory in China, which has already started production of TL Vision and Prismatronic branded LED display systems, further expands and enhances the company’s portfolio of LED solutions. The new China facility also provides TransLux with complete control over mission critical processes to ensure the quality and reliability of products while reducing overall costs. By combining the resources of these two facilities, Trans-Lux will achieve greater manufacturing efficiencies which are being passed to customers in the form of more aggressive pricing. In addition to an expanded role in the manufacture of LED displays, the company’s US manufacturing facility will continue to develop new solutions for the sports scoreboard marketed under the highly popular Fair-Play by Trans-Lux brand.
Trans-Lux and Prismaflex International have joined forces to service the Americas with Prismatronic branded LED displays and BBM (Billboard Manager) software solutions for the OOH market. Trans-Lux has also entered into an alliance with Squadrat to market their powerful SX LED display content management software in the Americas. Trans-Lux will commence marketing the new software offering as epic™ v2.0.Back…