That’s interesting, because it’s because of Argentina. The common thread behind everything we developed was electronics — now it’s called technology. We started developing relatively simple electronic products, like you mentioned, but later on we moved into industry with a wide range of solutions. I’m talking from 1963 to 1970.
In 1969, for example, we obtained the representation for Hewlett-Packard measurement instruments. So we designed our own products — measuring instruments, systems for automation processes in industry. For example, we designed a very complex project: a system to control the level of blast furnaces at Argentina’s largest steel plant. So that’s basically the story of our first 20 years.
But in Argentina, in the early ’80s, we went through a major deindustrialization process. Everything became complicated for the industry, and we had to reinvent the company. At that time, we realized that even during an economic crisis, food is one of the last sectors to stop. That insight changed our direction away from industry.
Starting from a system we had developed to control packaging machines by weight, we eventually created our first commercial retail scale. That product was very well received by the market, so we continued adding different versions and new models, and over time weighing became our company’s core business. So it was a crisis in Argentina that pushed us to change direction toward the retail industry.
But nowadays, with our roots still in industry and our new capabilities, we are returning to that sector as well.