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Automation Electronics Makes Announcement.


MADISON, Wisc.--(BUSINESS WIRE)--July 2, 1998--Automation Electronics Inc., a closely held A phrase used to describe the ownership, management, and operation of a corporation by a small group of people.

In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist.
 Wisconsin corporation headquarted in Madison, Wisconsin Madison is the capital of the U.S. state of Wisconsin and the county seat of Dane County. It is also home to the University of Wisconsin–Madison.

The 2006 population estimate of Madison was 223,389, making it the second largest city in Wisconsin, after Milwaukee, and
 announced its acquisition of the UltraValve product line for Memry Corporation of Brookfield, Conn.

According to according to
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1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Robert Anderson There have been many well-known people named Robert Anderson, including:
  • Robert Anderson (biographer) (1749–1830), Scottish literary scholar and editor.
  • Robert Anderson (general) (1741–1813), Revolutionary general and Lt.
, the president of Automation Electronics Inc., the addition of the UltraValve to the company's current product offerings will lay the foundation for the future product line expansion. The UltraValve is the first in a series of new product offerings planned by Automation Electronics Inc. An exciting product, the UltraValve is designed to increase consumer comfort and reduce costs in commercial and residential markets by automatically adjusting the temperature of water used in the shower and bath.

    CONTACT: Robert R. Anderson, 608/221-3196


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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Jul 2, 1998
Words:118
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