Shamir Optical Industry: Difference between revisions
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| logo_caption = Logo used from 2020 |
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| image = [[File:Shamir-Building New logo.jpg|thumb|Shamir-Building New logo]] |
| image = [[File:Shamir-Building New logo.jpg|thumb|Shamir-Building New logo]] |
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| native_name = שמיר |
| native_name = שמיר תעשיית אופטיקה בע"מ |
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| native_name_lang = he |
| native_name_lang = he |
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| type = Jointly owned private company |
| type = Jointly owned private company |
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| num_employees_year = 2021 |
| num_employees_year = 2021 |
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| parent = [[Essilor]] |
| parent = [[Essilor]] |
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| website = https://shamir.com |
| website = https://shamir.com |
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'''Shamir Optical Industry''' '''Ltd.''' is an international company that develops and manufactures optical lenses. Its main activities are located in [[Shamir, Israel|Kibbutz Shamir, Israel.]] |
'''Shamir Optical Industry''' '''Ltd.''' is an international company that develops and manufactures optical lenses. Its main activities are located in [[Shamir, Israel|Kibbutz Shamir, Israel.]] |
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The company was established in 1972 as a manufacturer of [[Bifocals|bi-focal]] lenses, and then began producing single-vision, and progressive lenses, and glass molds. |
The company was established in 1972 as a manufacturer of [[Bifocals|bi-focal]] lenses, and then began producing single-vision, and progressive lenses, and glass molds.<ref name=":0">{{Cite web|title=נחנך מפעל לעדשות אופטיות בקיבוץ שמיר {{!}} דבר {{!}} 21 ינואר 1972 {{!}} אוסף העיתונות {{!}} הספרייה הלאומית|url=https://www.nli.org.il/he/newspapers/dav/1972/01/21/01/article/45|access-date=2021-02-05|website=www.nli.org.il|language=he}}</ref> |
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In 2005, the company issued dual listings, on the [[Tel Aviv Stock Exchange]] and [[Nasdaq|NASDAQ]], thus becoming the first company from the kibbutz industry to be listed on [[Nasdaq|NASDAQ]].<ref name=":1">{{Cite web|title=Shamir becomes first kibbutz company on Nasdaq|url=https://www.haaretz.com/1.4768275|access-date=2021-01-30|website=Haaretz.com|language=en}}</ref> |
In 2005, the company issued dual listings, on the [[Tel Aviv Stock Exchange]] and [[Nasdaq|NASDAQ]], thus becoming the first company from the kibbutz industry to be listed on [[Nasdaq|NASDAQ]].<ref name=":1">{{Cite web|title=Shamir becomes first kibbutz company on Nasdaq|url=https://www.haaretz.com/1.4768275|access-date=2021-01-30|website=Haaretz.com|language=en}}</ref> |
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As part of the agreement, the company, which produced optics for televisions, agreed to provide know-how to the factory and even to buy all its products for the first two years. |
As part of the agreement, the company, which produced optics for televisions, agreed to provide know-how to the factory and even to buy all its products for the first two years. |
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In 1972, about two years after signing the agreement, Shamir Optical Industry [LD1] Ltd. was established, and the kibbutz optics factory for the production of bi-focal lenses was inaugurated by [[Pinchas Sapir]], [[Ministry of Trade and Industry|Israel Minister of Trade and Industry]] . |
In 1972, about two years after signing the agreement, Shamir Optical Industry [LD1] Ltd. was established, and the kibbutz optics factory for the production of bi-focal lenses was inaugurated by [[Pinchas Sapir]], [[Ministry of Trade and Industry|Israel Minister of Trade and Industry]] .<ref name=":0" /> |
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in 1979, Seven years later,the company expanded its production and started manufacturing progressive lenses in addition to its existing line of lenses. During that year, the factory's turnover was half a million dollars, and about 20% of the country's optics industry sector originated in the Kibbutz Shamir factory. <ref>{{Cite web|title=התעשיה בקיבוץ דוחקת החקלאות {{!}} מעריב {{!}} 15 מרץ 1979 {{!}} אוסף העיתונות {{!}} הספרייה הלאומית|url=https://www.nli.org.il/he/newspapers/mar/1979/03/15/01/article/141|access-date=2021-01-30|website=www.nli.org.il|language=he}}</ref> |
in 1979, Seven years later,the company expanded its production and started manufacturing progressive lenses in addition to its existing line of lenses. During that year, the factory's turnover was half a million dollars, and about 20% of the country's optics industry sector originated in the Kibbutz Shamir factory. <ref>{{Cite web|title=התעשיה בקיבוץ דוחקת החקלאות {{!}} מעריב {{!}} 15 מרץ 1979 {{!}} אוסף העיתונות {{!}} הספרייה הלאומית|url=https://www.nli.org.il/he/newspapers/mar/1979/03/15/01/article/141|access-date=2021-01-30|website=www.nli.org.il|language=he}}</ref> |
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Five years after production began, the company launched its first product with its introduction in 1984 of the first progressive lenses, which were offered for sale to the general public. |
Five years after production began, the company launched its first product with its introduction in 1984 of the first progressive lenses, which were offered for sale to the general public.{{Citation needed|date=February 2021}} |
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In 1991, the company gained a foothold in the United States, with the establishment of its subsidiary, '''Shamir USA'''. Eleven years later, Shamir set up a distribution center to supply semi-finished lenses to laboratories across the United States, and for that purpose it set up another company called '''Shamir Insight''' Inc. <ref>{{Cite web|title=Shamir Insight Inc - Company Profile and News|url=https://www.bloomberg.com/profile/company/9804461Z:US|access-date=2021-01-30|website=Bloomberg.com|language=en}}</ref> |
In 1991, the company gained a foothold in the United States, with the establishment of its subsidiary, '''Shamir USA'''. Eleven years later, Shamir set up a distribution center to supply semi-finished lenses to laboratories across the United States, and for that purpose it set up another company called '''Shamir Insight''' Inc. <ref>{{Cite web|title=Shamir Insight Inc - Company Profile and News|url=https://www.bloomberg.com/profile/company/9804461Z:US|access-date=2021-01-30|website=Bloomberg.com|language=en}}</ref> |
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Revision as of 21:19, 5 February 2021
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Native name | שמיר תעשיית אופטיקה בע"מ |
|---|---|
| Company type | Jointly owned private company |
| Industry | Optics |
| Founded | 1972 at Kibbutz Shamir, Israel |
| Headquarters | Kibbutz Shamir,Israel, |
Number of locations | 18 Optical Labs and companies (2020) |
| Services | Development, production and marketing of progressive optical lenses |
| Owner | Essilor |
Number of employees | 2,200 employees work in Israel and abroad in 23 subsidiaries - 19 of which are production sites[1] (2021) |
| Parent | Essilor |
| Website | https://shamir.com |
Shamir Optical Industry Ltd. is an international company that develops and manufactures optical lenses. Its main activities are located in Kibbutz Shamir, Israel.
The company was established in 1972 as a manufacturer of bi-focal lenses, and then began producing single-vision, and progressive lenses, and glass molds.[2]
In 2005, the company issued dual listings, on the Tel Aviv Stock Exchange and NASDAQ, thus becoming the first company from the kibbutz industry to be listed on NASDAQ.[3]
The company currently employs about 2,200 people in 23 laboratories and subsidiaries around the world. In 2011, the French optics company Essilor bought 50% of Shamir, which once again became a private company.[4]
History
The optics factory was established in Kibbutz Shamir to meet the need of kibbutz members for non-agricultural work by introducing an additional manufacturing industry option. To this end, the kibbutz signed an agreement with the American company "KMS Industries" (owned by Kip Siegel), to establish a bi-focal lens factory in Israel, with production intended entirely for export.[5]
As part of the agreement, the company, which produced optics for televisions, agreed to provide know-how to the factory and even to buy all its products for the first two years.
In 1972, about two years after signing the agreement, Shamir Optical Industry [LD1] Ltd. was established, and the kibbutz optics factory for the production of bi-focal lenses was inaugurated by Pinchas Sapir, Israel Minister of Trade and Industry .[2]
in 1979, Seven years later,the company expanded its production and started manufacturing progressive lenses in addition to its existing line of lenses. During that year, the factory's turnover was half a million dollars, and about 20% of the country's optics industry sector originated in the Kibbutz Shamir factory. [6]
Five years after production began, the company launched its first product with its introduction in 1984 of the first progressive lenses, which were offered for sale to the general public.[citation needed]
In 1991, the company gained a foothold in the United States, with the establishment of its subsidiary, Shamir USA. Eleven years later, Shamir set up a distribution center to supply semi-finished lenses to laboratories across the United States, and for that purpose it set up another company called Shamir Insight Inc. [7]
In 2001, the company inaugurated a production line together with its partner, Eyal Optical Industries, thus expanding its activities in the production of plastic lenses. A year later, the company increased its standing in Europe with its acquisition in 2002 of the Portuguese manufacturing optics laboratories as part of a partnership with Altra Optic GmbH.
In 2005, Shamir Optics became a public company, issued on both the Tel Aviv Stock Exchange and NASDAQ at a value of $225.4 million, thus making it the first kibbutz company to be issued on NASDAQ.[3]
In 2008, Shamir strengthened its position in Europe by making the German distribution company, Altra Trading, a wholly owned subsidiary following the acquisition of 49% of its shares, adding to the 51% already held.[8]
In 2011, the company merged with the French optics company Essilor. The merger was carried out through the purchase of 37% of shares from the public and another 13% of shares from Shamir Optical Industry [LD1] Ltd., totaling 50% of the company, for $130 million.Upon completion of the merger, Shamir was delisted from NASDAQ and became a private company.[9]
PIn February 2020, the company signed a cooperation agreement with "Paris Miki"(ja), the largest optical company in Japan, with a commitment to provide the customers of the Japanese company with customized lenses within 24 hours. The lenses will be manufactured in the InoTime laboratory developed in Israel and established in Tokyo with an investment of $2 million.[10]
The company has additional InoTime laboratories with the same quick-turnaround production methods operating in New Zealand, Singapore, Italy, France, Canada and two additional laboratories in Portugal.[11]
In April 2020, the company launched its Anti-Fog technology, designed to prevent steam from forming on the glasses of those wearing a mask as a means of protection against the Coronavirus. The company offered the technology for free to medical teams in need.[12]
- Shamir optic factory
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Lances production machine at Shamir optical lances factory -
Inauguration ceremony of the optics factory 1972
.jpg)
Additional activities
Shamir Optical Industry sponsors the Israeli athlete Hanna Knyazyeva-Minenko, who represents Israel in the long jump and triple jump and is scheduled to compete in the Tokyo 2021 Olympics.[13]
In October of 2020, Shamir, together with the Israeli Embassy in Portugal, began operating a mobile laboratory, which provided vision tests for Portugal's senior citizens. The mobile laboratory intends to perform vision tests in nursing homes throughout the country, and to meet the needs of elderly citizens who fear being exposed to the virus outside their nursing homes during the Corona epidemic.[14]
References
- ^ "About Us". Shamir Lens Technologies. Retrieved 2021-02-05.
- ^ a b "נחנך מפעל לעדשות אופטיות בקיבוץ שמיר | דבר | 21 ינואר 1972 | אוסף העיתונות | הספרייה הלאומית". www.nli.org.il (in Hebrew). Retrieved 2021-02-05.
- ^ a b "Shamir becomes first kibbutz company on Nasdaq". Haaretz.com. Retrieved 2021-01-30.
- ^ "Essilor Agrees to Buy 50% of Shamir Optical". Bloomberg.com. 2010-10-15. Retrieved 2021-02-05.
- ^ "חברת "אלג'ים_^ מביאה 30 מומחים מארה"ב לפיתוח תעשיות עתירות מדע | מעריב | 29 יוני 1970 | אוסף העיתונות | הספרייה הלאומית". www.nli.org.il (in Hebrew). Retrieved 2021-02-05.
- ^ "התעשיה בקיבוץ דוחקת החקלאות | מעריב | 15 מרץ 1979 | אוסף העיתונות | הספרייה הלאומית". www.nli.org.il (in Hebrew). Retrieved 2021-01-30.
- ^ "Shamir Insight Inc - Company Profile and News". Bloomberg.com. Retrieved 2021-01-30.
- ^ "שמיר אופטיקה השלימה את רכישת אלטרה טריידינג הגרמנית שריכזה את פעילות החברה באירופה". TheMarker. Retrieved 2021-02-05.
- ^ "Essilor to acquire half of Shamir Optical for $130 million". Haaretz.com. Retrieved 2021-01-30.
- ^ Staff, INVISION (2020-02-06). "Shamir Optical Industry Partners with Japan's Optics Giant – Paris Miki". INVISIONMAG.COM. Retrieved 2021-01-30.
- ^ "Shamir Optical Industry Partners with Paris Miki". mivision. 2020-02-10. Retrieved 2021-01-30.
- ^ Staff, INVISION (2020-05-06). "Shamir to Announce Anti-Fog Lens Coating". INVISIONMAG.COM. Retrieved 2021-01-30.
- ^ "חנה קנייזבה מיננקו תזכה לחסות בגובה 130,000 שקל מחברת שמיר תעשיות אופטיקה - וואלה! ספורט". וואלה!News (in Hebrew). 2020-01-13. Retrieved 2021-02-05.
- ^ "Israel Vê Portugal. Honrai Pai e Mãe - DN". www.dn.pt (in Portuguese). Retrieved 2021-01-30.
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