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AlliedSignal To Acquire Advanced Chemical Systems International.


MORRIS TOWNSHIP There are several places named Morris Township in the United States:
  • Morris Township, Minnesota
  • Morris Township, New Jersey
  • Morris Township, Clearfield County, Pennsylvania
  • Morris Township, Greene County, Pennsylvania
, N.J.--(BUSINESS WIRE)--July 8, 1996-- AlliedSignal Inc. (NYSE NYSE

See: New York Stock Exchange
: ALD ALD
abbr.
adrenoleukodystrophy


ALD,
n.pr See adrenoleukodystrophy.


ALD

aldolase.
) announced today that it has signed an agreement to acquire Advanced Chemicals Systems International (ASCI ASCI American Society for Clinical Investigation. ). Terms were not announced.

Privately-held ASCI produces electronic chemicals used in the manufacture of semiconductors. ASCI is headquartered in Milpitas, California Milpitas (IPA pronunciation: mɪlpitʌs; inhabitants are called 'Milpitans') is a city in Santa Clara County, California. It is located with San Jose to its south and Fremont to its north, at the eastern end of Highway 237 and generally between Interstate freeways 680 and  and has a production facility in Carrollton, Texas. Its sales in 1995 were approximately $15 million. AlliedSignal's 1995 sales of electronic materials were approximately $700 million. The acquisition is expected to be completed during the third quarter. The inclusion of ASCI in AlliedSignal's electronic materials businesses is expected to enhance ASCI's product development and technical support for its customers.

AlliedSignal is an advanced technology and manufacturing company serving customers worldwide with aerospace and automotive products, chemicals, fibers, plastics and advanced materials.

CONTACT: Mark Greenberg

(201) 455-5445
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 8, 1996
Words:135
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