Intermec Announces Beijing Subsidiary

Intermec IN today announced Intermec Beijing Technology Co. Ltd (Intermec China), a Wholly Foreign Owned Enterprise (WFOE). Located in the Haidian district of Beijing, Intermec China will be able to contract with customers directly using the local currency (CNY). It also enables Intermec to import and export goods as well as purchase goods and services for use in and outside of China, and permits Intermec to employ people directly without the use of a government intermediary. “This investment signifies our long-term commitment to China and greatly enhances our capabilities as we expand our presence in one of the world's largest and fastest growing economies,” said Al Lauer, Intermec CEO. “We look forward to strengthening our relationship with the See full press release