Vishay Precision Group, Inc. operates as a designer, manufacturer, and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The company provides precision products and solutions, majority of which are ‘designed-in’ by its customers, specializing in the improving markets of stress, force, weight, pressure, and current measurements. Strategy The company’s strategy is to achieve corporate growth and shareholder value by expanding its existing product portfolio organically, as well as by acquiring complementary precision measurement products. Segments Foil Technology Products This segment includes the company’s foil resistor and strain gage operating segments. Typical applications for foil resistors include high end test equipment for the aviation, military and space, semiconductor, process control, oil and gas, and medical markets. Typical applications for strain gages, which include advanced sensor gages, are stress analysis for structural testing in the aviation, military and space, infrastructure, and construction markets. The company’s strain gage operating segment sells a significant amount of foil inventory to its foil resistor operating segment. Force Sensors This segment includes a line of load cells and force measurement transducers that are offered as precision sensors for industrial and commercial use. Typical applications for force sensors are in medical devices (such as hospital beds and medication dosing), agricultural equipment (for precision force measurement), and construction machinery (for tipping and overload protection). These sensors use the company’s foil technology products, which serve as sensing elements and components within each unit. Further integration of the company’s load cells technology is also offered as part of its weighing module products, which provide customers with a sensor assembly that might be used within various digital transducers. A majority of products from the Force Sensors segment are sold to third parties as standard catalog items, but a sector of this segment’s products are sold as non-standard and/or custom products to third parties and to the company’s Weighing and Control Systems segment. Direct sales channels (field application engineers (FAEs)) are utilized as the primary customer interface relating to initial design specifications, development of prototypes, and pricing/delivery of this segment’s products. Weighing and Control Systems This segment designs and manufactures systems comprised of load cells and instrumentation for weighing and force control/measurement for various uses, including on-board weighing and overload monitor systems. Typical applications for the company’s weighing and control systems products are process weighing of chemicals, food and pharmaceuticals; aircraft and truck weighing and overload protections; weight force and process optimization in steel and paper mills; and force measurement for offshore oil and gas exploration. This segment acquires many of the load cells it requires from the company’s Force Sensors segment. As such, the company considers the load cell production line to be an integral component of the production process of the company’s Weighing and Control Systems segment. Other major components that comprise the company’s stems are electronic displays; optical gages; signal processors; MEMS sensors; cabling; system software; and communication software/hardware. The end use for the majority of these products is the precision measurement of force, weight, pressure, torque, tilt, motion, and acceleration. Direct sales channels (FAEs) are utilized as the primary customer interface relating to initial design specifications, development of prototypes, and pricing/delivery of this segment’s products. Distributors and sales agents are also used, as appropriate, to market, sell, and support certain products in this segment. Products The company’s precision sensor and sensor-based systems include products, such as load cells, transducers, weighing modules, and complete systems for process control and on-board weighing applications. Its precisi
vishay precision group
(VPG:New York Consolidated)
3 Great Valley Parkway
Malvern, PA 19355
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