Production moves closer to customers as Pricer opens new facility with Zollner Elektronik AG
Pricer opens a new production line in Germany to increase capacity and production flexibility – key factors to meeting the growth of the market for electronic shelf labels.
Pricer aims to continuously improve customer satisfaction, which is in line with the company’s vision of becoming retail’s first choice in shelf edge automation and communication. Moving production closer to the company’s customers is a strategic goal that strengthens the competitiveness in the market through reduced lead times and enhanced flexibility for customers, lower carbon footprint, and increased production capacity.
To maintain the highest product quality, Pricer has engaged with Zollner, a global electronics manufacturing services (EMS) provider based in Germany. The new production line in Zollner’s facility in Untergschwandt, in Rattenberg, Bavaria, is now up and running, ready for finetuning and ramp-up period. The first deliveries are planned to be shipped end of April.
“For us, it has been very motivating to work with Zollner to realize this strategically important project. Together we have managed to overcome the difficulties due to the macroeconomic situation, and we have worked in true partnership to reach our common goals – we are happy with our choice of this solid partner,” said Jörgen Jost auf der Stroth, Vice President Operations at Pricer.
The fully automated assembly line for the production of electronic shelf labels will produce Pricer’s SmartTAG Power labels and account for a substantial increase of Pricer’s total production. Due to the scalability of the production capacity, the facility will be able to handle any growth during the coming years. The assembly line is delivered by Zollner’s automation department in cooperation with an external factory automation specialist.
“Pricer and Zollner founded their strategic partnership with the goal of making efficient realization of the innovative digital price tag possible in Europe. The systematic coordination between product development and industrial engineering made a fully automated product solution possible, from the electronics all the way to the end product. This milestone cleared the way for production in the target region of Europe at a competitive cost, short lead times and the best possible supply chain flexibility. We are happy to be able to accompany our customer, Pricer, into the future as a global manufacturing partner,” said Martin Eisenhart, Senior Vice President Business Division Electronics E3 at Zollner.
“We are thrilled to be opening this much-needed facility and make sure our customers get the highest quality products. We see a huge interest from leading retailers in shelf edge automation and communication solutions based on electronic shelf labels. Several of the strategically important growth markets we have identified are European, and it is extremely satisfying to be able to offer these customers increased flexibility in supply with very short lead times and lower carbon footprint,” said Magnus Larsson, President and CEO at Pricer.
The final assembly capacity in Europe will complement Pricer’s existing production facilities in Asia with a perfect balance between markets and production closer to customers. According to the plan, the facility will reach full production capacity by the end of the second quarter 2023.
For further information, please contact:
Jörgen Jost auf der Stroth, Vice President Operations, +46 76 115 34 36
Magnus Larsson, President and CEO, +46 704 316851
info@pricer.com
About Zollner
The family-owned company with its headquarters in Zandt, Germany, has established itself under the world’s top 15 EMS providers and is Europe’s market leader in the Electronics Manufacturing Services sector. Founded in 1965 as one-man operation it grew organically to become a global player with over 13,000 employees at 24 locations across the globe. Fast, flexible, innovative and with the highest level of personal support, Zollner Elektronik AG offers cross-sector system solutions worldwide. Its range of Electronics Manufacturing Services covers the entire product life cycle: development, consulting, production, supply chain management and after-sales service. Its customers, who come from seven different sectors, include top global companies as well as small and medium-sized enterprises. For further information, please visit www.zollner-electronics.com.
About Pricer
Pricer is a leading global technology company serving the rapidly growing smart retail market with in-store digital solutions that enhance both store performance and the shopping experience. Through electronic shelf labels, advanced technology, such as optical wireless communication and AI, and continuous innovation, Pricer offers the foundation for in-store communication and efficiency. The industry-leading Pricer platform delivers benefits from 30 years of deployment experience and is fast, robust, interconnectable and scalable. Pricer was founded in Sweden in 1991 and is listed on Nasdaq Stockholm. For further information, please visit www.pricer.com
