July 28, 2008
Taiwan Co. Places Record Cognex Order
By Matthew L. Brown
Natick-based Cognex Corp. said it received the largest ever order for its surface inspection systems from the China Steel Corp. of Taiwan.
China Steel ordered seven Cognex SmartView systems that will be used in automated quality inspections at the company's Taiwan manufacturing facility. The sale price was not disclosed, but Cognex characterized it as a "multi-million dollar sale."
Cognex also announced a quarterly cash dividend of $0.15 per share, a 76 percent increase over the $0.08 dividend it awarded in the first quarter.
Cognex makes a variety of machine vision sensors for use in manufacturing and other industries.
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