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Saturday, Sep 23, 2023

Teledyne Subsidiary Expands Manufacturing

Teledyne Technologies Inc. in Thousand Oaks is expanding the manufacturing capacities of its subsidiary Teledyne DALSA Inc. to accommodate increased demand for its products. The Waterloo, Canada-based subsidiary, which builds digital imaging medical and dental x-ray machines, will expand its manufacturing facilities in the Netherlands, according to the company. Teledyne DALSA acquired a semiconductor assembly plant there four years ago; it also has manufacturing operations in Canada and the U.S. Teledyne expects demand for its x-ray detectors to double by the year 2020, according to the company. Teledyne shares fell $2.92, or about 1.6 percent, on Thursday to close at $183.03 on the New York Stock Exchange.

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