WHAT: On January 25, 2011, Littelfuse Inc. (NASDAQ/NGS:LFUS) is hosting a grand opening event for their new engineering facility in the Research Park at the University of Illinois. This event will include leadership from Littelfuse dedicating the new building, including their CEO, Mr. Gordon Hunter. The University of Illinois will also welcome Littelfuse to the Research Park with remarks by Interim Chancellor Robert Easter and UI Vice President of Technology and Economic Development Avijit Ghosh. Littelfuse opened a new facility on the University of Illinois campus for the POWR-GARD division. The facility will house more than 20 full-time employees and student interns. Tours of the facility will be given including demonstrations in the new high power testing facility enclosed with bullet proof glass, which sends high voltage electricity through fuses to test their durability.
WHO: The event will include Littelfuse executive leadership including CEO Gordon Hunter, CFO Philip Franklin, and leadership of the Electronics Business Unit. The University of Illinois community and the press are invited to attend. Formal remarks from the University of Illinois will be made by Interim Chancellor Robert Easter and UI Vice President of Technology and Economic Development Avijit Ghosh.
WHEN: The event will take place on Tuesday, January 25, 2011 from 3:00-6:00 pm, with the formal ribbon cutting and ceremony commencing at 3:30 pm, followed by a reception, building tour, and technology demonstrations from 4:30-6:00 pm.
WHERE: The event will take place at the Littelfuse Building located at 2110 S. Oak Street in the Research Park on the University of Illinois campus. The Research Park is immediately south of Assembly Hall, the Littelfuse building is between Hazelwood and Gerty on Oak Street. The building was constructed by Fox/Atkins Development LLC, the developer of the Research Park.
WHY: The Research Park at the University of Illinois provides an environment where technology-based businesses can work with the research faculty and students. Littelfuse is the newest publically traded firm to open an R&D facility within the Research Park. The new location adds jobs to the Champaign-Urbana community, internships for students to get real world experience during the academic year, and increased engagement with the University.