Company Overview of Festo Corporation
Festo Corporation manufactures and supplies automation technology products. It offers pneumatic actuators, servo-pneumatic positioning systems, electromechanical components, handling systems, valves, valve terminals, sensors, image processing products, compressed air preparation products, pneumatic connection technology products, electrical connection technology products, control technology and electrical peripherals, and ready-to-install solutions. The company also provides on-site services, such as commissioning, fault finding and fault clearance, replacement of components, maintenance, system inspection, and product briefing; energy saving services; compressed air consumption analysis; lo...
395 Moreland Road
Hauppauge, NY 11788
Founded in 1925
Key Executives for Festo Corporation
Chairman of the Supervisory Board and Chairman of the Supervisory Board of Festo AG & Co KG
Vice-Chairman of the Supervisory Board and Deputy Chairman of the Supervisory Board of Festo AG & Co KG
Chairman of the Management Board
Compensation as of Fiscal Year 2015.
Festo Corporation Key Developments
Festo Corp. Plans to Lay Off 75 Employees At Its Two Operations in Hauppauge
Sep 29 15
Festo Corp. announced that it plans to lay off 75 employees at its two operations in Hauppauge as it moves factory and warehouse work to Ohio. The company reported that 33 workers would be let go at the 395 Moreland Rd. factory and another 42 at the 430 Wireless Blvd. warehouse. Festo, intends to shift a total of 120 jobs to the Cincinnati area from its local payroll of 270. Festo, which is based in Germany, intends to shift a total of 120 jobs to the Cincinnati area from its local payroll of 270.
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