Ballantyne Strong received a new order to provide 60 NEC
digital-cinema projectors to Beijing SunWah World Management Co.,
Ltd, China for theatres located throughout the People’s Republic of
China (PRC). Initial projector shipments are expected to commence
in Q3 2010, with the order slated for completion by early
2011.
Ballantyne Strong recently completed the opening of a new office in
Shanghai, its second office in the PRC. The company also has plans
to open a Taiwan office in coming months.
John P. Wilmers, president and CEO of Ballantyne, commented, “China
continues to be a very strong and accelerating market opportunity
for us, and we are pleased to further expand our base of
relationships to Beijing SunWah World Management. Our investment in
establishing local offices throughout the country, including
Ballantyne’s newly opened office in Shanghai, demonstrates a
long-term commitment to this important market and has begun to
yield substantial benefits such as this new relationship.’
Ballantyne Strong also announced that it has entered into a $20
million, one-year revolving credit agreement and note with Wells
Fargo Bank, N.A.
Home > News and Features >News > Digital Cinema
Beijing SunWah orders 60 NEC d-cinema projectors
July 8, 2010
Beijing SunWah orders 60 NEC d-cinema projectors
July 8, 2010
Ballantyne Strong received a new order to provide 60 NEC digital-cinema projectors to Beijing SunWah World Management Co., Ltd, China for theatres located throughout the People’s Republic of China (PRC). Initial projector shipments are expected to commence in Q3 2010, with the order slated for completion by early 2011.
Ballantyne Strong recently completed the opening of a new office in Shanghai, its second office in the PRC. The company also has plans to open a Taiwan office in coming months.
John P. Wilmers, president and CEO of Ballantyne, commented, “China continues to be a very strong and accelerating market opportunity for us, and we are pleased to further expand our base of relationships to Beijing SunWah World Management. Our investment in establishing local offices throughout the country, including Ballantyne’s newly opened office in Shanghai, demonstrates a long-term commitment to this important market and has begun to yield substantial benefits such as this new relationship.’
Ballantyne Strong also announced that it has entered into a $20 million, one-year revolving credit agreement and note with Wells Fargo Bank, N.A.
Ballantyne Strong recently completed the opening of a new office in Shanghai, its second office in the PRC. The company also has plans to open a Taiwan office in coming months.
John P. Wilmers, president and CEO of Ballantyne, commented, “China continues to be a very strong and accelerating market opportunity for us, and we are pleased to further expand our base of relationships to Beijing SunWah World Management. Our investment in establishing local offices throughout the country, including Ballantyne’s newly opened office in Shanghai, demonstrates a long-term commitment to this important market and has begun to yield substantial benefits such as this new relationship.’
Ballantyne Strong also announced that it has entered into a $20 million, one-year revolving credit agreement and note with Wells Fargo Bank, N.A.
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Film Journal International News - A trade publication covering the motion picture industry, including theatrical exhibition, production, distribution, and allied activities.
Film Journal International, now in its 73rd year, is a trade publication covering the motion picture industry, including theatrical exhibition, production, distribution, and allied activities.
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