Quincy, IL (June 8, 2006)–Broadcast Electronics (BE) has broken ground on a new addition to its Quincy plant that will increase manufacturing capacity almost 30 percent. The factory expansion is representative of the company’s growing product line and market share.
Broadcast Electronics has recorded double-digit revenue growth annually since 2003 as a result of its competitive solutions for terrestrial radio, specifically its HD Radio transmission and studio products.
“We continue to experience significant sales growth, thanks to the market’s response to our unique approach to HD Radio conversion. The plant expansion prepares us for anticipated future product demand,” commented Broadcast Electronics president John Pedlow.
In the past three years, BE has created new opportunities in digital multicasting, messagecasting and streaming due to its aggressive product development strategy. The radio equipment manufacturer worked closely with HD Radio developer iBiquity Digital to introduce forward-thinking and flexible transmission architecture, specifically its FXi digital FM exciter and signal generator products, which offers broadcasters a cost-effective and easy upgrade path to digital.
BE also acquired new technology, including the acquisition of The Radio Experience data product line in 2005 to complement its AudioVAULT digital audio system with text functions.
BE’s full line of digital radio products is now being used by hundreds of terrestrial stations in the U.S. and offshore to expand into new services that compete with satellite radio and other media outlets. Splitting the broadcast signal into several program streams and scrolling text messages across the face of radios are among the new capabilities available to broadcasters as a result of BE radio products.
BE’s new 20,000 sq.-ft. addition will feed new manufacturing growth starting as early as December 2006, adding almost 30 percent more manufacturing capacity to the company’s existing 70,000 sq.-ft. facility in Quincy, IL.