Tuesday, January 04, 2011
Rochester, NY. —January 7, 2011 — Rochester Precision Optics (RPO) today announced they have created a new Business Unit (The Commercial & Industrial Business Unit
) within the existing RPO structure.
The newly formed unit will focus on the Worldwide Commercial and Industrial Markets. Over the past 10 months, RPO has added strategic components to enable a complete and competitive offering in this market. Most notably, the creation of a Wholly Owned Subsidiary (Precision Optics Trading Company (POTC)) located in Shanghai China whose mission is to source Optical Components and Assemblies from the best Asian suppliers. The acquisition of Molded Precision Optics (MPO), located in Manchester, New Hampshire, will provide precision polymer optics. These recent additions bolster existing RPO capabilities in Glass Molding, Traditional Grinding & Polishing, Diamond Turning, Coating and Precision Optical Assembly. “We are excited about our growth in these important markets” said William Hurley, president of Rochester Precision Optics. “We now have the key strategic elements in place to offer the Commercial and Industrial Markets something very special!”
RPO is pleased to announce that they have recently hired Andrew “Drew” Caffrey as the General Manager of their newly formed Commercial & Industrial Business Unit. Drew, holds a BS in Physics from SUNY Geneseo, an MS in Mechanical and Aerospace Engineering from the University of Virginia and an MBA from the University of Rochester’s Simon School of Business. Prior to joining RPO, Drew had extensive Commercial and Industrial market experience at Corning’s Specialty Materials Division in Fairport, NY and at Raytheon’s Technical Services Division in Indianapolis, IN. “Drew is a great addition to our team” said William Hurley. “He brings to the position, technical and market experience as well as tremendous enthusiasm…”we are pleased to welcome him aboard”.
About Rochester Precision Optics
Rochester Precision Optics was formed in 2005 when it acquired the manufacturing technology, intellectual properties and assets from Kodak Optical Imaging Systems. RPO is a leading optics manufacturer providing components and full optical systems to both defense and commercial markets. Its commercial markets are served by both their Shanghai, China location and their headquarters in Rochester, New York. Rpo has over 80,000 square feet of modern optical manufacturing and specializes in leveraging its aspheric optics capabilities to provide lightweight and affordable optical sub-systems.