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CEO Chris Riegel said so far this isn’t impacting revenue because everyone was off half of last week and all of this week for Chinese new year.
“Once we see how next week is shaping up we will have a better sense of the go forward, but if people can’t travel to get back to our factory, then it will start to have a real economic impact,” Riegel said.
The company’s plant is in Ningbo, about two hours south of Shanghai.
He said staff are currently evaluating all global business travel and upcoming trade show events — including two in Europe in the next three weeks — and may begin suspending all business travel and event participation until this is brought under control.
The Dayton company designs and builds digital signs, augmented and virtual reality products, sensors and much more in the arena of marketing and customer-facing technology.
No cases have been reported in Ohio to date. The risk to the American public from the virus remains low.
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What is novel coronavirus?
An outbreak of the virus, 2019-nCoV, started in Wuhan City, Hubei Province, China in December.
2019-nCoV is part of a large family of coronaviruses, some of which cause illness in people and others that circulate among animals. Rarely, animal coronaviruses can evolve and infect people and then spread between people. This happened with severe acute respiratory syndrome (SARS) in 2003 and Middle East respiratory syndrome (MERS) in 2014, and now 2019-nCoV. These viruses may cause mild to severe respiratory illnesses with symptoms of fever, cough, and shortness of breath.
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