15.01.2014 13:30:00 CET

The President of the United States to visit Vacon's R&D center in North Carolina

Vacon Plc, Press Release, 15 January 2014 at 14.30 (EET)

President Barack Obama is scheduled to visit the Vacon Research and Development center in Research Triangle Park, NC on Wednesday, January 15. The visit is part of the president's travel to North Carolina where he will also speak at a local university.

"It is our great pleasure and honor to welcome President Obama to Vacon's R&D center. We look forward to demonstrating Vacon's energy-saving products and our U.S. operations, in North Carolina in particular, to the president," says Dan Isaksson, vice president of medium voltage drives at Vacon.

The global AC drives manufacturer Vacon, headquartered in Finland, is the world's largest company focusing solely on AC drives, which are used to control the speed of electric motors to maximize energy efficiency. The North Carolina R&D center is one of five Vacon facilities in the United States. Vacon opened the research center and lab in Raleigh's Research Triangle Park in 2012.

"Global megatrends such as increased energy consumption, increased urbanization and combating the climate change create demand for more and more energy-efficient solutions. The AC drives play an important role in these solutions, and we are proud that we have a state-of-the-art research center in North Carolina," says Vesa Laisi, Vacon's President and CEO.

Vacon has recently released a 20-year-anniversary video about the company's history and operations which can be viewed here: https://www.youtube.com/watch?v=QU2-rlrZbOU

Further information:

  • Sebastian Linko, Director, Corporate Communications and Investor Relations, Vacon Plc, phone +358 (0)40 8371 634, sebastian.linko(at)vacon.com

Vacon in brief:

Vacon is driven by a passion to develop, manufacture and sell the best AC drives and inverters in the world - and provide customers with efficient product lifecycle services. Vacon offers optimum process control and energy efficiency for various industrial sectors such as building automation, marine and offshore, mining and metals, water and wastewater, and renewable energy. Vacon has production and R&D facilities in Europe, Asia and North America, and sales offices in 29 countries. Further, Vacon has sales representatives and service partners in nearly 90 countries. In 2012, Vacon's revenues amounted to EUR 388.4 million, and the company employed globally approximately 1,500 people. The shares of Vacon Plc (VAC1V) are quoted on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki).

Driven by Drives, www.vacon.com

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