EssilorLuxottica announced the results of its 2020 international employee share ownership campaign (“Boost 2020”), increasing its employee shareholding to a record high of 44% at Company level. Recognizing its long-term commitment towards promoting employee shareholding, EssilorLuxottica has also been awarded with the “Grand Prix FAS 2020″ by the French Federation of Employee Shareholder Associations (FAS)….
Metamaterial Inc. a developer of high-performance functional materials and nanocomposites, today announced it has acquired specialized lens casting production equipment and intellectual property, including more than 70 patents, from Interglass Technology AG (Switzerland) for USD 800,000. META will invest and expand its capabilities in design, development, and manufacturing of metaFUSION™ products for smart eyewear. This highly integrated…
PPG and the PPG Foundation today announced a commitment to invest $20 million by 2025 to address systemic racism and advance racial equity in the U.S. by funding educational pathways for Black communities and people of color. The commitment strengthens PPG’s focus on education – a priority giving area for PPG and the PPG Foundation…
FourPlus Media has announced VisionPlus EXPO 2021, an international optical trade fair which aims to attract buyers from over 50 countries in their maiden edition. While global eyewear companies are still coming to terms with the ‘new normals’ in their respective markets, Dubai is offering an opportunity to not just survive, but thrive. Coinciding with…
EssilorLuxottica and CooperCompanies, two of the world’s leading vision care companies, have entered into an agreement to create a 50/50 joint venture for the acquisition of SightGlass Vision, a U.S. based life sciences company focused on developing innovative spectacle lenses to reduce the progression of myopia in children. EssilorLuxottica and CooperCompanies will leverage their shared…
Vision Expo has established the Alan C. Ritter Innovation Award. Inspired by Alan Ritter, a transformational leader in the vision care industry and one of the original founders of The Vision Council who passed away in July 2020, the annual award will bestow $10,000 to a person or group who seeks to continually bring progressive…
3D-Micromac, the leading specialist in laser micromachining and roll-to-roll laser processing systems, is pleased to announce that as part of its successful strategic realignment, a consortium of US investors has acquired a majority stake in the company. The founder and previous majority shareholder Tino Petsch has also sold part of his share package and will…
The Vision Council and Reed Exhibitions, organizers of Vision Expo, today announced that Vision Expo East 2021, originally scheduled to take place at the Javits Center in New York City from May 25–28, 2021, will now take place at the Orange County Convention Center in Orlando, Florida from June 2–5, 2021. The Show’s educational program,…
The Vision Council is pleased to announce that, to-date, more than $150,000 has been raised for the Open Your Eyes Scholarship Program through a virtual auction, company pledges and individual donations. The Open Your Eyes Scholarship Program is a charity, created by The Vision Council through the Better Vision Institute, designed to support high school…
The Vision Council, through the Better Vision Institute, is pleased to launch the Open Your Eyes Scholarship Program, a charity designed to support high school students in marginalized communities throughout the United States who have an interest in pursuing a career in the optical industry. The program will support selected students through monetary scholarships to…
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