Intermerc invests US$5mn in local factory

- Friday, August 26, 2011

Intermerc invests US$5mn in local factory

US supply chain management company Intermerc is investing US$5mn to adapt its factory in Brazil's Minas Gerais state, online source Computer World reported.

The facility, operating since 2005, will start producing two new data capture solutions, totaling four types of data capture equipment, Intermerc CEO Patrick Byrne was quoted as saying.

Intermerc expects to increase production 30% by year-end. "During the last seven years, we have made strong investments to increase our market share. Our operations in Brazil are currently among the five largest worldwide," Byrne added.

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Last year, the company's revenues reached US$679mn worldwide, while in Brazil Intermerc posted 20% growth. The goal is to increase sales by 30% this year.

In the second quarter this year alone, revenues totaled US$221mn, up 37% sequentially.

Intermec manufactures automated identification and data capture equipment, including barcode scanners, barcode printers, mobile computers and RFID systems.

In Latin America, the company has presence in Brazil and Mexico.