PI to Invest $13 Million for Extension of Piezo Ceramics Factory

(Nanowerk News) Motion control specialist PI (Physik Instrumente) and piezo ceramics specialist PI Ceramic are planning to invest approximately $13 million for the third extension of their piezo ceramics factory and R&D center in Thuringia over the next three years. At the ground breaking ceremony Dr. Karl Spanner, CEO of Physik Instrumente, mentioned that even after adding 50 employees in 2010 at PI Ceramic, the company was getting close to its output capacity.
Since PI Ceramic owns enough land for an expansion, it was an easy decision was easy to move forward with the additional building. For 2011 the company is expected to hire another 20 to 30 people to keep up with the global demand for its high quality piezo ceramic components and subassemblies.
About PI Ceramic
PI Ceramic is the piezo ceramic division of Physik Instrumente (PI) -- the global leader of ultra-high-precision piezo motion control systems. PI Ceramic provides world-class piezo electric components and sub-assemblies for sensors, transducers, linear motors and precision actuators. Customers for the high-end piezo products come from all important high-tech markets such as life sciences, medical instrumentation, semiconductors , aerospace engineering, astronomy, high-energy physics, industrial automation and telecommunications.
PI has subsidiaries in 8 countries, R&D and manufacturing on 3 continents and employs approximately 600 people worldwide. More on PI Ceramic at http://www.piceramic.com
Source: PI (press release)
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