German-based Kappa Opto-Electronics has invested €1m to expand its production area by 750m². Staff will move into the new annexe to Kappa's headquarters in the first quarter of 2009.
The move into the extension marks the conclusion of Kappa's consistent investment strategy, which in the course of the last three years saw Kappa expanding its staff, reinforcing the team with young employees, and investing in equipment and measurement technology. While the extended production capacity will directly benefit Kappa's product and customer series, the acquisition of new equipment and technology and the reemphasised focus on niche markets and tailor-made product development are a part of Kappa's strategy for future stability in uncertain times.
