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OMRON Scientific Technologies, Inc. - STI News

Scientific Technologies Inc. Breaks Ground On New Facility For Their Automation Products Group

LOGAN, UT - Scientific Technologies Inc. recently broke ground on a new 25,000sf manufacturing facility in Logan, Utah for their growing Automation Products Group. "This is the first of what we anticipate to be three stages of development for STI in Logan," says Randy Anderson, General Manager for the Logan Division of STI's Automation Products Group.

Phase one of the expansion effort includes the new building and what is expected to be the addition of 58 jobs over the next five years. Subsequent phases of the project will grow the facility to approximately 85,000sf and a total of 93 additional jobs.

STI's decision to expand in Logan was influenced by the new Utah Technology Alliance. The Alliance is an effort put forth by Utah Governor Michael Leavitt to attract technology companies from California to Utah. As part of the expansion deal, the city of Logan donated the land for the facility.

"We are encouraged to have STI expand in Utah, " says Governor Mike Leavitt. "This company is a great boost to Utah's economy and has recognized the potential of our State as a place of ideas, with a rapidly growing workforce of highly educated professionals."

STI has been selected twice by Forbes and three times by Business Week as one of the "world's best small companies." STI's Automation Products Group serves the factory automation, semiconductor, transportation, oil and gas, consumer and food processing industries with a diversified offering of sensing technologies. Products include level, flow, pressure sensing, positioning transducers, vehicle separation, profiling and ultrasonic sensors and controls.

For more information contact: Scientific Technologies Inc., Automation Products Group, 429 South Main Street, Logan, UT 84321; toll-free: 1-888-349-7098; (435) 753-7300; fax: (435) 753-7490; E-mail:sales@stiautomationproducts.com; Web site: www.stiautomationproducts.com.

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including with respect to STI's anticipated expansion of its manufacturing facility in Logan, Utah. Such expansion will subject STI to risks and uncertainties. For example, there can be no assurance that STI will expand its facility in Logan, Utah at the rate it anticipates. STI's ability to expand will be subject to risks and uncertainties, including growth in the industries served by its Automation Products Group, market acceptance of its products, and general economic conditions. These risks and uncertainties could cause STI's expansion plans to differ materially from those anticipated. Risks generally associated with STI's business are discussed in the documents STI files from time to time with the Securities and Exchange Commission, including its Form 10-K for fiscal 2000 and its Form 10-Q for the quarters ended March 31, 2001, June 30, 2001 and September 30, 2001.

Automation.com Real-time Information for the Automation Professional May. 25, 2012

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