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API and FOIF Reach Partnership Agreement

Companies will collaborate on product development of AP/FOIF construction and surveying tools

Wed, 10/19/2011 - 12:23
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(API: Rockville, MD) -- Automated Precision Inc. (API) and FOIF Co. Ltd. (FOIF) have reached an agreement to partner. This partnership brings together FOIF’s and API’s technology and manufacturing strengths, creating the opportunity for advancement in the construction and surveying industries.

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“API’s strength in ranging technology, digital imaging, and controls, plus FOIF’s modern manufacturing capability makes this strategic [partnership] a natural extension for us in the advanced surveying market,” says Kam Lau, Ph.D., president and CEO of API.

Although the full details of the partnership have not been released, API will begin as the global distributor of a new line of AP/FOIF surveying products in key international markets. This includes a whole range of surveying and positioning instruments and accessories that focuses on professionals and operators of all skill levels around the world.

The AP/FOIF partnership will also provide global technical support to customers and will see collaboration on marketing and product development, including an AP/FOIF line of construction and surveying tools.

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