Rush for Thermal Cameras Boosts Flir Before Factories Reopen [Yahoo! Finance News]
FLIR SYSTEMS (FLIR)
Last flir systems earnings: 2/27 07:30 am
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US:NASDAQ Investor Relations:
investors.flir.com/events.cfm
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Source: Yahoo! Finance News
) -- First, it was ventilators for hospitals. Now, it’s thermal body scanners for factories.Demand for thermal-imaging equipment to screen workers’ temperatures is soaring as manufacturers and businesses prepare to return to operations while trying to prevent the spread of Covid-19. Two of the industry’s biggest manufacturers -- Flir Systems Inc. and closely held Seek Thermal Inc. -- say they’re rushing to meet demand.“When the virus moved in to Europe and North America, it was more Fortune 500 companies, hospital and health-care networks and immediate needs from essential business that were required to operate,” Flir Chief Executive Officer Jim Cannon said in an interview. Now, talks with customers have transitioned to what will be required to keep workers safe when they’re allowed to return to work.Flir’s shares gained as much as 16% Monday, buoyed by prospects for the industry after Reuters reported on Amazon.com Inc.’s plans to use thermal cameras at its warehouses and Whole Foods
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