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PARAGON TECH INC, (PTG) Stock Research Free Stock Rating
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Paragon Technologies, Inc. provides a variety of material handling solutions, including systems, technologies, products, and services for material flow applications. It operates through two segments, SI Systems and Ermanco. SI Systems is a specialized systems integrator supplying branded automated material handling systems to manufacturing, assembly, order selection, and distribution operations customers located primarily in North America, including the U.S. government. It also operates as a project manager in connection with the installation, integration, and service of its products. Ermanco manufactures Ermanco branded light to medium duty unit handling conveyor and sortation products, serving the material handling industry. It also provides conveyor systems for various applications, including distribution and manufacture of computers and electronic products. In addition, this segment offers services ranging from the delivery of basic transportation conveyors to turnkey installations of complex, fully automated work-in-process production lines and distribution centers. The company sells its products worldwide through its own sales personnel, along with a network of independent distributors and licensees. Paragon was founded in 1958 by Jack Bradt. The company was formerly known as SI Handling Systems, Inc. and changed its name to Paragon Technologies, Inc. in 2000. Paragon is headquartered in Easton, Pennsylvania.
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