Draft:ValuTrack Corporation

ValuTrack Corporation is an American technology company based in Milford Massachusetts, specializing in assisting businesses to optimize their operations with a wide range of technology solutions and services. Founded in 1989, ValuTrack is a provider of barcode, radio frequency identification (RFID), network infrastructure, inventory management, warehouse management, supply chain management, location tracking and visibility, and IoT hardware and software.

= History =

1989-2004: Systems Technology Group is Founded
In 1989, Richard Steinhoff founded the Systems Technology Group (STG). STG started off as a systems integrator, software developer, and distributor of quality barcode labeling and data collection systems. The vision of STG was to provide turnkey solutions enhancing the productivity and operational efficiency for manufacturing and warehousing business.

2004: STG Rebrands to ValuTrack Corporation
In 2004, economic hardship and the recession hit the manufacturing industry hard. With supply chains slowing down and hardware difficult to come by, STG was forced to rethink its strategy. The result that came from this was for STG to rebrand itself to ValuTrack Corporation. The rebrand also came with a refreshed solutions portfolio that began to focus more on automated identification and data capture, networking, security and software solutions.

2004-Present
In 2024, ValuTrack's products include mobile computers and tablets, thermal/direct thermal barcode label and receipt printers, fixed industrial scanners, RFID smart label printers/encoders/fixed & handheld readers/antennas, network switches/access points/routers, security cameras/surveillance systems, temperature sensors, and electronic shelf labels hardware and software.

The industries they serve includes manufacturing, warehousing and distribution, healthcare, life sciences, retail, transportation and logistics, food and beverage, government, energy and utilities, and hospitality.

= External Links = Business information for ValuTrack Corporation: Website | Bloomberg