Richardson Electronics Expands LaserSlat SAVER Availability in Europe

Richardson Electronics, Ltd. (RELL) widened European availability of LaserSlat SAVER and opened U.S. online ordering for select products, extending distribution of its laser-cutting maintenance line. Richardson shares closed Oct. 19 at $19.03, up $0.70, or 3.82%, from the previous close at 4 p.m. ET (20:00 UTC). LaserSlat SAVER is designed to limit slag buildup on the slats of laser-cutting tables. Richardson markets the product as a way to reduce maintenance and machine downtime. Online ordering gives U.S. customers another purchasing option alongside the company’s direct sales channel. Richardson launched the product in March and introduced it in Brazil in April.

Source: TokenPost