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Kronos Advanced Technologies completed the acquisition of an 85,000 square foot manufacturing facility on a 10-acre campus in Parkersburg, West Virginia. The facility includes turnkey electronics manufacturing equipment and robotic assembly equipment. The company plans to employ 300 people at the facility.
“This acquisition will become the foundational cornerstone of the three strategic initiatives driving the future of our company: Transition to America (reshoring of our supply chain), Design For Excellence (globally dominate designed products), and Touchless Manufacturing (Industry 4.0 manufacturing ”otcmarkets.com
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