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Flir Closing Facilities, Merging Optics and Lasers

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By Melinda Rose, Senior Editor

WILSONVILLE, Ore., Oct. 15, 2013 — Flir Systems will close up to six sites in the US and Europe and consolidate its optics and laser manufacturing businesses under a realignment plan announced Tuesday that is expected to save the company more than $20 million a year. The thermal imaging systems maker cited "disappointing" preliminary earnings for the third quarter related to ongoing uncertainty in the US government as a contributing factor. Flir develops advanced sensors and integrated sensor systems for applications in commercial, industrial and government markets. The business is organized into two divisions:...Read full article

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    Published: October 2013
    Glossary
    vision
    The processes in which luminous energy incident on the eye is perceived and evaluated.
    AmericasAndy TeichBusinessCaliforniaconsolidationdetectiondownsizingearningsEnglandEuropeFlirGeorgiagovernment shutdownImagingindustrialinfrared imagingMassachusettsMelinda RoseNew Hampshireoptical sensorOpticsOregonprofitrealignmentrestructuringrevenuestreamliningSwedenvisionLasers

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