TARGET SPRINT NEXTEL (NYSE:TSR)
Thermo Sentron Inc., incorporated in November 1995, designs, develops, manufactures, and markets high-speed precision-weighing and inspection equipment for industrial production and packaging lines. The Company's business is managed geographically and operates in three segments based on the locations from which they conduct business: North America, Europe, and Other, which principally consists of Australia, New Zealand, and South Africa. Each of the Company's segments serves two principal markets: packaged goods and bulk materials. The Company's products for the packaged-goods market include a broad line of checkweighing equipment and metal detectors that can be integrated at various stages in production lines for process control and quality assurance, as well as hot foil and thermal printers and X-ray inspection equipment. The Company's bulk-materials product line includes conveyor-belt scales, solid level-measurement and conveyor-monitoring systems, sampling systems,and small-capacity feeders. Products for Packaged Goods The Company's checkweighing products weigh, classify, and reject packages moving at high speeds (more than 600 packages per minute) with accuracy to within three grams. The Company also offers checkweighing products that are accurate to the 50-milligram level for pharmaceutical and other high-accuracy applications. By assuring that packages contain designated quantities of materials, the Company's checkweighing equipment is used to satisfy customer demand and regulatory requirements for quality standards, to improve productivity by minimizing product giveaway, and to protect the value associated with customers' brand names. The Company has developed customized weighing solutions suitable for particular applications, such as retrofitting packaging lines in response to changes in package size, type, and design.The Company produces a complete line of electronic in-line checkweighing products ranging from devices designed solely to reject underweight products, to sophisticated machines with comprehensive statistical data-collection and production-monitoring capabilities, allowing customers to monitor the deviation from target weight, the number of rejections, and the amount of product giveaway. Metal detectors are used to inspect packaged products for metal contaminants. The Company offers metal detectors capable of detecting a small metal particle (approximately one millimeter in diameter) in a package moving on a conveyor belt at speeds in excess of 300 feet per minute. The Company's patented self-testing technology for use with metal-detection products allows an operator to program a metal detector to automatically route a metal test sphere through the device at preset intervals, without operator assistance or interruption to the production process.The results of these tests can be tracked by computer and incorporated into quality-and process-control reports. The Company manufactures hot foil and thermal printers that apply information such as bar codes, lot numbers, and "sell by" dates to labels on food and pharmaceutical products. The Company also manufactures specialized equipment that incorporates X-ray inspection technology and imaging software to detect a wide range of contaminants in a variety of packaged goods, including foods and pharmaceuticals. Other complementary packaged-goods products offered by the Company include various conveying and product-handling devices to assist in the presentation of products to the Company's checkweighing equipment and metal detectors, and the rejecting and handling of unacceptable products from the customer's production line. Sales of products for the packaged-goods market represented approximately 62% of the Company's total revenues in 1999.These products are sold primarily to customers in the food-processing, pharmaceutical, mail-order, and other diverse industries. Products for Bulk Materials A conveyor-belt scale is a device that measures the rate at which bulk material is being conveyed and delivered on a moving conveyor be
As Of: 12/31 16:00 ET
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