|
Return
to BTJ Online
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
|