kSARIA Moves to Wilmington Technology Park.Business/Technology Editors WILMINGTON Wilmington. 1 City (1990 pop. 71,529), seat of New Castle co., NE Del., on the Delaware River and tributary streams, the Christina and the Brandywine; settled 1638, inc. as a city 1832. , Mass.--(BUSINESS WIRE)--March 19, 2001 kSARIA Corp., an automation pioneer in fiber-optic component assembly, has opened its first development and production center at 200 Research Drive in Wilmington Technology Park. The automation equipment start-up Start-up The earliest stage of a new business venture. , which was launched last July with $15 million in venture capital funding, will occupy 32,000 square feet initially and an additional 22,000 square feet in June. During the previous seven months, kSARIA was squeezed into 2,500 square feet of space in the Fraunhofer Center for Manufacturing Innovation at Boston University Boston University, at Boston, Mass.; coeducational; founded 1839, chartered 1869, first baccalaureate granted 1871. It is composed of 16 schools and colleges. ....space that grew increasingly cramped cramped adj. 1. Uncomfortably small or restricted: cramped living quarters. 2. Difficult to read, especially for being crowded into a small space: cramped handwriting. as the staff expanded from four to 40 in just a few months. kSARIA expects to begin production of its standardized standardized pertaining to data that have been submitted to standardization procedures. standardized morbidity rate see morbidity rate. standardized mortality rate see mortality rate. automation assembly systems for fiber-optic components later this year. Its unique modular systems will help the industry meet the exploding demand for network bandwidth by automating component assembly processes that are currently costly and labor-intensive. "The Wilmington move is a huge and exciting new phase for our company," said kSARIA CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Sebastian J. Sicari. "The new space affirms our identity as an independent corporation and underlines in a physical way our transformation from concept to actual production. At last we have a place of our own A Place of Our Own is a daily program about child care that airs on PBS, produced in Los Angeles by KCET. The Spanish-language version is Los Niños en Su Casa ("Our Children at Home"), seen on PBS and on the Spanish-language public television network V-Me. ." Wilmington Technology Park was an ideal location for kSARIA because of its layout, its ability to accommodate expansion, its easy highway access and the cluster of telecom companies in the area, he said. "We think this will be a great place to grow," Sicari said. kSARIA is actively recruiting employees and expects to have a workforce of more than 100 by the end of 2001. Based in Wilmington, Mass., kSARIA is the only manufacturer of standardized automation systems designed specifically for fiber-optic components assembly processes. Additional information about kSARIA is available at the company's Web site: www.ksaria.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion