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We appreciate your taking the time to share your thoughts on Banner, and would like to take this opportunity to respond.
Your comments were made in Q1 2015, and it was your opinion that at that time our technical capabilities were not as strong as they could be. We highly disagree. Over the decades—and certainly in 2015--our teams of select engineers, coupled with our advanced technology and great investment in R&D (for example, advanced R&D in ASICS, digital signal processing, electronics, LIDAR, 3D Imaging, and advanced manufacturing systems), has enabled us to effectively conceive, develop, engineer, manufacture and bring myriad new products to market…and we’ve grown even stronger since your time with us.
Our new R&D facility, which is slated to open in Q3 2018, will more than double the amount of space allocated for R&D, and will give us state-of-art facilities for our growing R&D team. We’ve also significantly expanded our product portfolio in the last three years, including higher performance measurement and inspection sensors, and many wireless and IIOT-related smart products. We continue to invest in and grow our technical teams by inviting highly-talented engineers to join Banner, all to meet the growing demand for our products.
As a leader in this very technical industry, it’s only through the strength and dedication of our engineering and support teams that we’ve been able to continue our growth, year-after-year.