Paragon Technologies' SI Systems Brand Awarded a $625,000 Contract for an Automated Assembly Conveyor System |
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
SI Systems
600 Kuebler Rd.
Easton, PA, 18040
USA
Press release date: October 14, 2008
EASTON, PA - October 14, 2008 -- Paragon Technologies, Inc. (AMEX:PTG), a leading supplier of "smart" material handling systems and "software-driven" warehouse and distribution center solutions, announced today that its SI Systems brand received an order totaling $625,000 to design, build, and install an automated conveyor system. This order calls for two separate conveyor systems, which together will be used to assemble a variety of fuel-efficient gasoline engines for the Asian market. The conveyor systems are part of a global automobile manufacturer's major automation project at a facility located in Korea. This order is with a large Korean-based systems integrator company who is designing and supplying production lines and process equipment for the automobile manufacturer. On this project, SI Systems will be a major subcontractor to the integrator firm that is designing and installing a multi-million dollar, large-scale manufacturing automation project.
Len Yurkovic, Acting CEO of Paragon Technologies, said, "We are delighted at being selected by this Korean-based integrator company who has recognized SI Systems as a leading supplier of assembly conveyor technologies, particularly in engine assembly applications. As the automotive industry at large continues to develop new fuel-efficient engine technologies, we have been very successful in working with manufacturers of all types of vehicles and vehicle subassemblies to utilize our ergonomically-designed towline conveyor in their assembly process."
About Paragon Technologies
Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems' branded technologies and material handling solutions address unit assembly in manufacturing operations and order fulfillment applications. One of the top material handling systems suppliers worldwide, SI Systems leading clients have included the United States Postal Service, BMG, Peterbilt, Honda, and Maybelline.
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