Trio-Tech Temporarily Closes Facility to Comply with Tianjin City COVID-19 Safety and Restriction Measures
01/19/2022 - 08:30 AM
VAN NUYS, Calif. --(BUSINESS WIRE)--
Trio-Tech International (NYSE MKT: TRT) today announced that it is in full compliance with the Tianjin City Government’s Business Closure lockdown.
S.W. Yong , Trio-Tech’s CEO, said, “In response to a local COVID-19 outbreak and in compliance with China’s ZERO-Covid policy, the Tianjin city government imposed lockdown measures for mandatory testing of its Tianjin city’s residents which affected Trio-Tech’s Tianjin China Operations and required us to close our facility’s production line.”
“Trio-Tech is seriously concerned with the threat posed by spread of COVID-19 and has ensured that stringent health and safety measures are in place throughout our facilities. It is the utmost concern of Trio-Tech to defend and support the health and safety of all our employees, customers, suppliers and the Tianjin community as a whole. We will actively address this closure and proactively work with our customers and suppliers to manage and minimize the impact of this temporary closure. We plan to resume operations once the city government allows for the reopening of businesses,” added Mr. Yong .
About Trio‑Tech
Established in 1958, Trio-Tech International is located in Van Nuys, California , with its Principal Executive Office and regional headquarter in Singapore . Trio-Tech International is a diversified business group with interests in semiconductor testing services, manufacturing and distribution of semiconductor testing equipment, and real estate. Our subsidiary locations include Tianjin , Suzhou , Chongqing in China , as well as Kuala Lumpur Malaysia and Bangkok Thailand . Further information about Trio-Tech's semiconductor products and services can be obtained from the Company's Web site at www.triotech.com and www.universalfareast.com .
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Company Contact:
A. Charles Wilson
Chairman
(818) 787-7000
Investor Contact:
Berkman Associates
(310) 927-3108
robert.jacobs@jacobscon.com
Source: Trio-Tech International
TRT Rankings
#497 Ranked by Stock Gains
TRT Stock Data
Industry
Semiconductor and Related Device Manufacturing
Sector
Manufacturing
Tags
Electronic Technology, Electronic Production Equipment, Semiconductors, Manufacturing, Semiconductor and Related Device Manufacturing
About TRT
trio-tech international is headquartered in van nuys, california and listed in the new york stock exchange (nasdaq: trt). the company designs, manufactures and markets both front and back-end equipment and systems used in the testing and production of semiconductors. the company has geographical presence in the united state, singapore, malaysia, thailand and china. trio-tech international operates our business in four segments: manufacturing, testing services, equipment distribution, and real estate. in addition to our propriety products, we offer a one-stop service to customers through the distribution of complementary products from taiwan, europe and the united states., complete with design consultancy and value-added services.