Kitron enters the North American market
Kitron ASA has decided to set up a fully owned subsidiary in Johnstown, Pennsylvania, USA. The industrial operation will be running from 1 January 2011 and will predominantly be concentrated towards the defense industry.
“In the longer term we will approach customers from other market segments as well,“ says Roger Hovland, Sales and Marketing Director Kitron ASA.
A suitable location of 20,000 sqf will be available from 1 October 2010 and recruitment of staff is ongoing.
“This is another example of Kitron following their customers internationally,“ says CEO Jorgen Bredesen.
Kitron is one of Scandinavia’s leading companies in development, industrialisation and manufacturing of electronics for the Data/Telecoms, Defence, Energy, Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany and China. Kitron had a revenue of about NOK 1.7 billion in 2009 and has about 1,100 employees. www.kitron.com
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