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Firm Has Successfully Risen From The Ashes To Drive Healthy
Profits
By Kathy Hagood
VDC Display Systems in Cape Canaveral has
successfully risen from the ashes of a failed Space Coast company to drive
healthy profits for its parent company, Video Display Corp. (VDC), based
in Tucker, Ga.
The division’s high-resolution MARQUEE Cathode Ray
Tube (CRT) projection equipment is used for virtual reality, simulation,
training, and entertainment in a wide spectrum of military and civilian
applications around the world.
“ We are well known
internationally for the quality of our products,” said Bryan Sorensen,
director of market development for VDC Display Systems, pointing to the
division’s record for “product reliability, cost-effectiveness and
innovation.”
The division was created in February 2000 with members
of Melbourne-based Ampro Corp.’s staff and capital equipment purchased
from AmPro after the company went into Chapter 7 bankruptcy. Because AmPro
could not fulfill a major U.S. Navy contract for ship training simulators,
the contract was put up for bid again and VDC Display Systems was chosen
to provide projection equipment.
“ The new division was a natural
fit for VDC,” said Sorenson, who formerly worked for
AmPro.
Currently one of 17 VDC divisions, VDC Display Systems
generates about a quarter of VDC’s annual revenues of more than $90
million through the CRT projection equipment it manufactures or modifies
for specialized uses, Sorensen said.
The division’s high-quality
projection equipment primarily is purchased by training system integration
companies, including The Boeing Co., Lockheed Martin, and Rockwell
Collins, for those company’s Department of Defense and Federal Aviation
Administration contracts. The equipment, for example, is used for F-15,
F-15E, T-38, F-16, F-18 and F-22 training simulators as well as Apache
Longbow and Comanche training simulators. It’s used internationally by
U.S. allies for military and aviation training.
CRT projectors are
often used with a cockpit or other environment to create a highly
realistic, immersive training environment.
“ The systems our
projection equipment is used in are able to simulate a wide variety of
scenarios and environments,” Sorensen said.
Additionally, the
division’s projection equipment is used for virtual reality and
three-dimensional engineering design centers, planetariums and home
theaters.
While the demand for training and other simulation
projection equipment continues to increase, the division’s home theater
sales have fallen in recent years with the emergence of ever-better flat
panel technology.
“Technology and demand is always changing and we
continue to respond to that,” Sorensen said.
The division is able
to custom-tailor its products and alter the equipment of others for its
various customers’ needs. Of its 60-member staff, about 15 are engineers,
including thee PhDs.
VDC Display System’s 36,000-square-foot Cape
Canaveral facility houses the division’s research and development, design,
testing and manufacturing operations. Additionally the facility operates
an authorized original equipment manufacturer sales and service center for
Christie Digital, JVC and Hitachi and offers standard and customized
versions of their projection systems.
Parent company Video Display
Corp. was founded in 1975 by current Chief Executive Officer Ron Ordway.
He first carved a niche for VDC by refurbishing color and black and white
CRTs for televisions. Over the years the company has recycled more than 10
million CRTs, which has prevented 150,000 tons of hazardous waste glass
out of the country’s landfills.
“ VDC continues to perform an
important service that helps protect the environment,” Sorensen said.
The company, which trades under the symbol VIDE, has acquired
numerous small companies and divisions over the years. It currently
markets CRTs in more than 3,000 sizes and 12,000 types, manufacturing
and/or selling more than 80,000 CRTs annually. Uses for those VDC CRTs
include broadcast, computer, air traffic, defense, medical, display,
instrument and radar.
VDC markets and sells direct replacement CRTs
for the consumer television market, including for Chungwha, Philips, JVC,
Hitachi, Mitsubishi, Orion, Toshiba, Clinton, NEC, Panasonic and Sony. VDC
also supplies industrial monitors and provides support for DEC, Hitachi,
Hewlett-Packard, Wells-Gardner, Data-Ray, IBM and NCR. Always responding
to a changing technology marketplace, these days VDC also manufactures
flat-panel displays.
For more information on VDC Display Systems,
visit www.vdcdisplaysystems.com. For more information on Video Display
Corp., visit www.videodisplay.com
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