Shamir Optical Industry Ltd. · Shamir Israel ·(NASDAQ (GM): SHMR)

Shamir wants you to be able to see the world clearly, without the world clearly seeing your age. The company primarily makes progressive eyeglass lenses, worn by people who need help seeing things up close but want to avoid that telltale sign of aging -- the dreaded bifocal line. Shamir provides design services to other optical lens manufacturers, as well, but progressive lenses account for almost 90% of sales. The European and US markets have been the focus of expanding company sales, where Shamir distributes its products through subsidiaries, including Altra Optic in Europe and Shamir USA. Kibbutz Shamir controls the company. To read the full description, subscribe now.