ISP Optics Corporation
From LightPath Technologies CEO, Jim Gaynor:
Dear Valued Customer,
With the growth of our business LightPath Technologies will be relocating the ISP Optics New York facility operations. Some of the operations will move to our facility in Riga Latvia and most to an expanded Orlando Facility. The Westchester county New York facility is not conducive to expansion. LightPath will be better able to serve its stakeholders through the efficiency gains of the consolidated facilities.
The New York operations will be transferred in phases during the next 12 months and as a result of the expansions we completed last year in our Zhenjiang China and Riga Latvia facilities combined with the facility expansion at our Orlando headquarters we expect minimal disruption to the business during the transition period.