APW Ltd. Announces Sale of Zero Cases.Business/Technology Editors ST. MICHAEL, Barbados--(BUSINESS WIRE)--Feb. 13, 2002 APW APW All Pro Wrestling APW Altmar Parish Williamstown (School District; Parish, New York) APW Add-Printer Wizard (Microsoft Windows) APW Augmented Plane Wave APW Apparent Polar Wander Ltd. (NYSE NYSE See: New York Stock Exchange : APW), a leading Technically Enabled Manufacturing Services "TEMS TEMS Terrestrial Ecosystem Monitoring Sites TEMS Tactical Emergency Medical Support TEMS Toyota Electronic Modulated Suspension TEMS Tactical Emergency Medical Services (EMS) TEMS Total Electronic Migration System " Company, announced today the completion of the divestiture of its Zero Cases division. The net cash proceeds from the transaction are approximately $20 million. Other terms of the transaction were not disclosed. The Zero Cases division designs, manufactures and markets industrial and consumer cases, including the Zero Halliburton Zero Halliburton was originally a metal fabrication company called Zierold Company, which in 1946 changed its name to Zero Corporation. In 1952 Zero, which until then had no relation to Halliburton, bought the luggage division of Halliburton, the Texas oilfield services company. line of consumer attaches. The division was acquired as part of APW's acquisition of the Zero Corporation in 1998. About APW Ltd. APW Ltd. is a Technically Enabled Manufacturing Services "TEMS" company that designs and manufactures large, complex infrastructure products for OEMs in the communications, large enterprise hardware and Internet markets. APW Ltd. has particular skills in the areas of designing and manufacturing enclosures, thermal management, power supplies and backplanes; as well as core competencies in product and system design, integration and supply chain management. APW Ltd. operates in over 30 locations throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America, Europe and Asia. |
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