Chroma Technology Corp, an employee-owned company, announced today the launch of a new, wholly-owned subsidiary. 89 North, located in Burlington, VT, will leverage resources from the area including the University of Vermont and the Vermont Center for Emerging Technologies to develop innovative products for the life science imaging market. Their initial focus will be on high-power light sources for fluorescence imaging, and they will immediately take over sales and support for the Photofluor II, Chroma s metal halide-based light source.
"We ve long wanted to diversify Chroma and our product line," says Paul Millman Chroma's President. "Diversification will not only help insure Chroma's future but it will also expand the community of employee-owned companies in Vermont. As you know both Senators Leahy and Sanders are strong supporters of employee-ownership . Most recently Senator Leahy demonstrated his support by obtaining significant financial support for the work of the Vermont Employee Ownership Center."
"We are excited to be starting here in Burlington," says 89 North General Manager Chris Baumann. "The resources available through UVM and VCET will be a tremendous asset to us as we move forward. We look forward to great things to come."
For more information on Chroma Technology Corp, www.chroma.com
For more information on 89 North, www.89North.com
Chroma launches new company to work with UVM and emerging technologies
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