SOURCE: Vacon Oyj

September 20, 2011 09:00 ET

Vacon to Establish High-Power R&D Center in North Carolina, USA

CHAMBERSBURG, PA--(Marketwire - Sep 20, 2011) - Vacon will establish an R&D center and lab for high-power AC drives in the Raleigh-Durham area, North Carolina, USA.

Vacon, a global AC drives manufacturer, has been developing energy-saving green technology for almost 20 years. The company's product portfolio includes AC drives for controlling AC motors and their power consumption in the most optimal way. Vacon also offers ground-breaking electrical power converters for producing energy from renewable sources such as wind and sun.

Dan Isaksson, Vice President - R&D, Vacon, Inc. says, "We believe that focusing 100% on AC drives is how we can best grow. Delivering superior products and services requires competence and focus. The global high-power AC drives market is growing, and this is definitely a growth opportunity for Vacon."

Vacon will put more emphasis on research in its U.S. operations and offer job opportunities for competent people. "We want to be closer to research centers, universities and existing power electronic clusters. This is why we will place our R&D center and lab for high-power AC drives in the Raleigh-Durham area. We will start active recruitment immediately," says Isaksson.

Headquartered in Finland, Vacon started its U.S. operations since the company acquired the AC drives business of TB Wood's in 2007. The new Vacon, Inc. manufacturing facility was completed in 2009 in Chambersburg, PA, and in 2010 it received LEED Gold Certification, established by the U.S. Green Building Council.

Vacon in brief:
Vacon is driven by a passion to design, manufacture and sell only the best AC drives and power converters -- and nothing else. AC drives can be used to control electric motors and power converters to generate power from renewable sources. Vacon has R&D and production units in Finland, the United States, China and Italy, and sales offices in 27 countries. In 2010, Vacon had revenues of EUR 338 million and globally employed 1,300 people. Vacon's shares (VAC1V) are listed and publicly traded on the Helsinki Stock Exchange.

Driven by Drives, www.vacon.com

Contact Information

  • Vacon, Inc.
    Further information:
    Tom Doring
    President, Vacon North America
    tel. +1 717-414-4932
    email tom.doring@vacon.com

    Press contact:
    Nicki Bowling
    Marketing Communications Manager, N.A., Vacon, Inc.
    tel. +1 414-702-9323
    email nicki.bowling@vacon.com