| 36.13 Data as of May 17 |  +0.29 / +0.81%Today’s Change | 31.10 Today|||52-Week Range 49.94 | +1.26% Year-to-Date |
| SECTOR Electronic Technology | INDUSTRY Electronic Equipment/Instruments | MARKET CAP $617.5M |
Company Description
FARO Technologies, Inc. designs, develops, manufactures, markets and supports portable, software driven, 3-D measurement and imaging systems used in a broad range of manufacturing, industrial, building construction and forensic applications. The company's products FaroArm, FARO Laser ScanArm and FARO Gage articulated measuring devices, the FARO Laser Tracker ION, the FARO Focus3D, the FARO 3D Imager AMP, and their companion CAM2 software, provide for Computer-Aided Design based inspection and factory-level statistical process control and high-density surveying. Together, these products integrate the measurement, quality inspection, and reverse engineering functions with CAD software to improve productivity, enhance product quality and decrease rework and scrap in the manufacturing process. The company was founded in 1982 by Simon Raab and Gregory A. Fraser and is headquartered in Lake Mary, FL.
Employees
Shareholders
| Mutual fund holders | 51.30% |
| Other institutional | 45.55% |
| Individual stakeholders | 4.01% |
Top Executives
| Simon Raab, PhD | Chairman |
| Jay W. Freeland | President, Chief Executive Officer & Director |
| Keith S. Bair, MBA, CPA | Chief Financial Officer & Senior Vice President |
| Joseph Arezone, MBA | Senior Vice President & MD-Asia Pacific Region |
| Ralf Drews | Senior Vice President |
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