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Biotech / Medical : Trinity Biotech (TRIBY) -- Ignore unavailable to you. Want to Upgrade?


To: Ace who wrote (9304)5/17/1998 7:06:00 AM
From: Keiko  Read Replies (2) | Respond to of 14328
 
*** All Pints Bulletin **

Ballydehob, County Cork, population 300. Just happened to stop this Sunday morning for the Irish Times and bumped into Michael and Karin Shepherd who have relocated here from Portland, Oregon. They own a small general store in the town of Ballydehob. (It's a small world)

As for my visit to Trinity Biotech, I am still on information overload and I might require a debriefing session after my return.

The new facility is absolutely stunning and the size of their manufacturing plant, 42,000 sq.ft. is very impressive. All of the CNTO side of the business has now moved into Bray and then were able to acquire some very sophisticated production equipment from the Surrey facility. The Dynatech acculine EIA plate machine is worth over $1 million. They have recently purchased a 4 Jet Biodot machine for the Unigold manufacturing section.

The Sandyford facility is still up and running and that also will be moving into Bray very shortly. They have already sub-leased that plant and will make a profit on that venture.

They are quite pleased with their "bounty" which resulted in the recent SLF settlement and this will allow them to look at possible acquisitions without any more shares being issued.

Bye for now,
Keiko