Vizinex RFID, which makes radio frequency identification tags for a variety of industries, said it will buy new automated equipment and expand its manufacturing capabilities
Ken Horton, CEO, said the company is moving to a larger headquarters, possibly by December.
The Hanover Township, Lehigh County, company will move from its Weaversville Road spot to another location also in the township. He declined to disclose the location because he said the company is still in negotiations with the transaction.
The new site will provide room for growth as Vizinex will move from about 3,500 square feet to a 6,000 square feet facility, he added.
Its RFID tags have all types of applications, including medical devices, vehicle tracking and data centers, he added. The devices are for anyone who wants to track an asset in a more automated fashion, Horton said.
Vizinex’s tags also have no alignment issues, he said.
“We make tags that go into medical instruments, we track parts in automotive factories, that go through high temperatures, underwater environments,” Horton said. “Once the tags are out of those environments, they can be read.”
The company, which has 12 employees, has been experiencing strong growth, rising 50 percent each year since 2015, Horton said.
“We’ve been hiring both production workers and staff,” Horton said. “We hope to grow our revenue by substantial amounts. I want to produce more product with fewer people.”
By letting the machines do more of the low-valued work, Horton said he would like to pay employees more for higher value work.
Most of the machines the company uses has to do with material handling, which involves repetitive tasks, Horton said.
“As long as you get robots to do this, they can test tags, put labels on it,” Horton said. “Being able to automate that material handling will allow us to be more efficient.”
Vizinex hired a Lehigh University graduate, an engineer, who is ordering the automation equipment and she will integrate all of the pieces so they communicate with each other, Horton said.
“We are fortunate to be in a space that’s growing,” Horton said, referring to RFID technology. “RFID is one of the enabling objects of the internet of things. We are seeing a lot of opportunities as people are implementing new ways to collect that information in an automated fashion.”
Doing so allows companies to improve their asset utilization, he added.
