Anaren To Expand Operations In New York and China
June 08 2006 - 10:57AM
PR Newswire (US)
SYRACUSE, N.Y., June 8 /PRNewswire-FirstCall/ -- Anaren, Inc.
(NASDAQ:ANEN) announced today that its Board of Directors has
approved the expansion of Anaren's design and manufacturing
facilities in East Syracuse, New York and Suzhou, China. The East
Syracuse, New York expansion includes the construction of a 54,000
square foot addition to the Company's 105,000 square foot
headquarters, and will more than double the Company's existing
Space and Defense Group operations. Anaren requested and received a
grant from New York's Empire State Development to help fund the
expansion. The project is expected to be completed in the second
quarter of calendar year 2007. (Logo:
http://www.newscom.com/cgi-bin/prnh/20021022/NYTU197LOGO ) In
Suzhou, China, the Company will be relocating its existing 25,000
square foot Wireless Infrastructure manufacturing operation to a
new 76,000 square foot facility to accommodate its growing wireless
component business. The new facility is projected to be on line in
the fourth quarter of calendar year 2006, and the Company does not
anticipate any interruption of production in Suzhou as a result of
the planned relocation. Company Background Anaren designs,
manufactures and sells complex microwave signal distribution
networks and components for the wireless communications, satellite
communications and defense electronics markets. For more
information on Anaren's products, visit our Web site at
http://www.anaren.com/.
http://www.newscom.com/cgi-bin/prnh/20021022/NYTU197LOGODATASOURCE:
Anaren, Inc. CONTACT: Joseph E. Porcello, VP of Finance, Anaren,
Inc., +1-315-432-8909 Web site: http://www.anaren.com/
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