Scott Technology Limited logo

Scott Increases Investment in North American Protein Market

Operational Update3 June 2024SCTIndustrials

©Scott Technology Limited




4 June 2024


SCOTT TECHNOLOGY INCREASES INVESTMENT IN NORTH AMERICAN PROTEIN MARKET


Auckland, New Zealand: Scott Technology (NZX:SCT) is to strengthen its expertise and drive further

innovation in the North American protein market as it seeks to capitalize on the vast opportunities this

region offers.


A key driver of this investment is the expansion of its world leading BladeStop safety bandsaw product

line to include the T300, a saw specifically designed for the instore meat cutting of the supermarket sector.

Independent research indicates that the total addressable market for the T300 retail saw in the U.S. is

approximately 25,000 units which includes leading retailers such as Albertsons and Kroger.


In addition to the BladeStop expansion, Scott Technology's proprietary Poultry Trusser product has gained

significant traction in the market. Sales have been secured with three of North America's largest poultry

processors, demonstrating strong market adoption. Despite this success, there remains a substantial

untapped market for this product.


“With Scott’s strong pedigree of bringing world-leading automation technologies to market, we continue

see large opportunities ahead in the North American red meat and poultry sectors. The poultry trussing

product is well into its commercialisation phase with orders building upon the early rollouts into the

Costco processing network. Our recently released T300 BladeStop saw is now being launched into the

leading US supermarket chains where retailers undertake meat cutting activities instore” commented

John Kippenberger, Scott Technology Chief Executive.


To support Scott Technology's growth in the North American protein market, the company is pleased to

announce the Executive appointment of Mark Host as Vice President of Sales – Global Protein. Based in

the U.S, Mark will lead the global sales efforts for the protein sector, leveraging his extensive experience

and expertise to drive growth and strengthen Scott Technology's market position.


“We are delighted to have Mark Host join the group executive team in this newly created role. Marks

appointment will see an important injection of sales leadership and protein industry experience into North

America.”


Mark brings a proven track record of sales growth, market and product development, and team

leadership. He has over 25 years of experience across multiple food processing categories where he has

helped processors implement solutions to increase worker safety, improve processing yields, and grow

profitability.

©Scott Technology Limited

Mark comes to Scott from Pearson Packaging Systems, a market leader in secondary packaging and

robotic automation, where he was the VP of Sales. Prior to that, Mark served as VP of Global Sales at

Bettcher Industries, a global protein processing supplier, where he led the acceleration of the business,

the launch of new products, and grew both direct and distributor markets.


These strategic moves highlight Scott Technology's focus on innovation, market expansion, and leadership

in the North American market, positioning the company for continued success and growth.


ENDS



Investor Contact Media Contact

John Kippenberger

Annabel Cotton

Co- Chief Executive Officer, Scott Technology

Merlin Consulting Ltd

E: j.kippenberger@scottautomation.com E: annabel@merlinconsulting.co.nz

M: +64 21 964 045 M: +64 27 473 7330



About Scott Technology

Scott delivers smart automation and robotic solutions that transform industries by making businesses

safer, more productive, and more efficient. Our diverse capability makes us the first choice for hundreds

of the world’s leading brands. With design and build operations across Australasia, China, Europe, and

America and over 100 years of engineering excellence, Scott is the global expert in automation.

For more information, visit www.scottautomation.com

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.