Wonder what HERB will say to this??
BIOLASE Opens New Manufacturing Facility in San Clemente
5/4/2004 9:15:00 AM
Jeffrey W. Jones, BIOLASE CEO and President, reported, "the company opened its facility on schedule today, fully operational and successfully producing its first lasers. The new facility utilizes the Kanban inventory system for the delivery of parts to the line, and the KAIZEN principals to improve the manufacturing processes, pursuing the world class manufacturing environment.
The operation is part of a capital expansion program to significantly increase the company's manufacturing capacity, international distribution channels and domestic sales force as previously announced in March 2004. This expansion has been necessitated by growing demand for BIOLASE's lasers and related products. The new facility is located within the same business park in San Clemente, adjacent to BIOLASE's headquarters. The building will bring the company's U.S. leased facility capacity to approximately 40,000 sq. ft., providing extensive operating leverage in the form of manufacturing efficiencies, which will help contribute to the company's profitability going forward. In addition, the company owns approximately 20,000 sq. ft. of office and manufacturing space in Germany.
Jones further commented, "With our expanded manufacturing capacity and robust sales forecast, this is going to be an exciting year for BIOLASE, both internationally and here in the United States. I feel that with the added capacity that we have in the U.S., together with the support from our expanded sales force team, BIOLASE should significantly increase its market penetration and be in a better position to support its growing demand in 2004 and beyond."
