Banner Engineering poised for growth
November 2017
News
Banner Engineering will break ground on a research and development building at the company’s global headquarters in Minneapolis, allowing it to create 225 new high-tech jobs and accelerate product development to meet the increasing demand for smart sensor technologies in factories around the world.
Founded in 1966 by engineer and entrepreneur Bob Fayfield, Banner Engineering has developed innovative, easy-to-use sensor solutions to challenging industry applications since the early 1970s. “Sensors have long been the eyes of the factory, but now the IIoT allows businesses to leverage sensor data in more meaningful ways,” said Carla Grafstrom, the company’s COO, “because of this, the demand for IIoT-capable technologies, including smart sensors and controllers, is growing exponentially.”
More than doubling the company’s current allotment for new product research and development, the new building is scheduled for completion in mid-2018.
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