Grand Opening of PaR Systems Subsidiary PaR Marine Services LLC
Saint Paul/Minneapolis, MN (February 25, 2014) – PaR Systems, Inc., together with their wholly owned subsidiary PaR Marine (http://www.par.com/marine), announces the Grand Opening of their PaR Marine Services (http://www.par.com/marine/marine-services/), LLC facility in San Diego, CA on February 25, 2014. The new facility adds OEM presence close to the San Diego waterfront that will allow the company to continue to provide the best support of customers’ needs while achieving business growth initiatives.
The new facility houses the headquarters for PaR Marine’s San Diego operations and is their primary hydraulic and mechanical repair and overhaul site. Effective immediately, the mailing address for all business correspondence is:
PaR Marine Services LLC
2520 Hoover Avenue, Suite B
San Diego, CA 91950 USA
PaR Systems continues to develop and manufacture high technology products for the defense market through its PaR Marine division, drawing on technology from PaR’s Robotics divisions whenever helpful for client solutions. The additional capabilities this expansion represents will greatly increase PaR’s ability to support their growing marine market. “Supporting our customers with innovative products and services, we are pleased to say, has allowed PaR to experience steady revenue growth since 1993. This has occurred despite economic cycles. Our growth is a key factor enabling investments such as this important new facility,” states Mark Wrightsman, President and CEO of PaR Systems, Inc. “We greatly appreciate the support of our many repeat customers representing a number of critical industries and market segments. We are pleased to serve these strategic clients - we believe their loyalty to PaR reflects the quality of our people and products, and we continue to focus on providing a high level of customer service. The addition of a presence close to the San Diego waterfront provided by the new PaR Marine building will allow us to better support our technology-differentiated products and services to meet the specialized needs of the demanding marketplace,” adds Mark.
About PaR Systems Inc.
PaR Systems, a portfolio company of MML Capital Partners (www.mmlcapital.com), is a world leader in providing advanced intelligent solutions for critical material handling, automation, and robotic applications that drive customer quality, safety, and productivity. Since 1961, PaR has created fully integrated systems, which are often first-of-a-kind manufacturing solutions, for a broad range of industries including aerospace, hazardous material/nuclear, life science and process automation, marine/defense, heavy material handling, and industrial. Headquartered in Minnesota, PaR Systems has global engineering and manufacturing centers of excellence. For more information on PaR Systems, visit www.par.com.