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Cognex Corporation designs, develops, manufactures, and markets a range of products that incorporate sophisticated machine vision technology that gives them the ability to “see.” Cognex products include barcode readers, machine vision sensors, and machine vision systems that are used in factories, warehouses, and distribution centers around the world to guide, gauge, inspect, identify, and assure the quality of items during the manufacturing and distribution process. Cognex is the world’s leader in the machine vision industry, having shipped more than 1 million vision-based products, representing over $4 billion in cumulative revenue, since the company’s founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has regional offices and distributors located throughout the Americas, Europe, and Asia.
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Cognex Machine Vision Selected by Leading Chinese Steel Manufacturer
POSTED 12/17/2004
NATICK, Mass. -- Dec. 17, 2004 -- Cognex Corporation (NASDAQ: CGNX), the world's leading supplier of machine vision systems, announced today that Wuhan Iron and Steel Group, China's third-largest steel manufacturer, will integrate Cognex's SmartView® surface inspection system at its manufacturing plant in Wuhan, China. The SmartView system will be installed on Wuhan Iron and Steel's continuous annealing line to inspect cold rolled steel for defects such as scratches and stains as it goes through the annealing process.
The order, which is in excess of $600,000, is part of a modernization project designed to increase capacity and productivity at Wuhan's cold roll mill. Wuhan Steel & Iron Company produces a variety of products including flat hot-rolled steel plates, flat cold-rolled steel plates, cold-rolled silicon steel plates, plates for containers, plates for ship-making, zinc-coated plates, and cold-rolled and deep-drawn sheets for cars.
Cognex's SmartView surface inspection system is a state-of-the-art surface inspection system that is used to automatically detect, identify, and visualize defects in metals and other materials as they are being produced. SmartView can detect and classify defects of less than a millimeter in the most challenging applications, at full production speeds, which enables manufacturers to both improve product quality and reduce scrap, resulting in increased productivity and profitability.
‘‘China is now the world's largest steel manufacturer, and Wuhan Steel is one of China's largest producers,’‘ said Markku Jaaskelainen, Senior Vice President and General Manager of Cognex's Surface Inspection Systems Division. ‘‘We are pleased that this major manufacturer has chosen Cognex products for this modernization project, and we expect to see many more opportunities for Cognex vision systems at Wuhan and at other steel producers in China as that nation ramps up its manufacturing infrastructure to improve quality and productivity.’‘
About Cognex
Cognex Corporation designs, develops, manufactures, and markets machine vision systems, or computers that can ‘‘see.’‘ Cognex is the world's leader in the machine vision industry, having shipped more than 225,000 machine vision systems, representing over $1.6 billion in cumulative revenue, since the company's founding in 1981. Cognex's Modular Vision Systems Division, headquartered in Natick, Massachusetts, specializes in machine vision systems which are used for automating the manufacture of a wide range of discrete items and for assuring their quality. Cognex's Surface Inspection Systems Division, headquartered in Alameda, California, specializes in machine vision systems which are used for inspecting the surfaces of products manufactured in a continuous fashion, such as metals, paper and plastics. In addition to its corporate headquarters in Natick, Massachusetts, Cognex also has regional offices located throughout North America, Japan, Europe, and Southeast Asia. Visit Cognex on-line at http://www.cognex.com.