New Vad LLC, DBA Vaddio

By DICK YOUNGBLOOD, Star Tribune

November 19, 2010 at 2:45AM

Business: Manufactures robotic video cameras and the elaborate control consoles that allow one person to command multiple cameras to pan, tilt and zoom in or out with the twist of a joystick.

Founded: 2003; sold in 2004 and refounded in 2007

Headquarters: New Hope

Executives: Owners Rob Sheeley, president and CEO; Tom Mingo, vice president of sales, and Steve Sullivan, chief financial officer

Employees: 52

2009 revenue: $21.3 million; on track to reach $28 million in 2010

Quote: "As technology becomes more and more a key factor, wage levels will become less important." -- Sheeley, talking about why products such as his can be manufactured profitably in the United States, rather than overseas.

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DICK YOUNGBLOOD, Star Tribune