Badger Meter, Inc. and Instromet International announce joint venture.MILWAUKEE--(BUSINESS WIRE)--Jan. 3, 1997--Badger Meter, Inc. (AMEX AMEX See: American Stock Exchange :BMI BMI body mass index. BMI abbr. body mass index Body mass index (BMI) A measurement that has replaced weight as the preferred determinant of obesity. ) and Instromet International announced that they recently formed a new company for the limited purpose of marketing and selling the advanced gas measurement products of both parent companies in 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. . Badger/Instromet LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control will be jointly owned by both companies. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. W.H. Vander Heyden, president of Badger Meter's Industrial Division, and G.F. Fischer, president of Instromet International of Europe, the products include turbine and rotary meters for volumetric volumetric /vol·u·met·ric/ (vol?u-met´rik) pertaining to or accompanied by measurement in volumes. vol·u·met·ric adj. Of or relating to measurement by volume. measurement of natural gas flows; energy instruments for measuring energy flowrates in pipelines; volume correctors and calibration equipment; and heating value/relative density measurements for custody transfer In fluid measurement, a custody transfer point is a metering point at a location where the fluid is being measured for sale from one party to another -- hence the term 'custody transfer.'. . Badger/Instromet LLC will utilize Badger Meter's precision manufacturing capabilities to supply Instromet products in North America. General Manager of the new venture will be Larry Ewing, Badger Meter's vice president responsible for the natural gas instrumentation product line. "In this joint venture, both parties bring unique contributions to the table," said Fischer. "With Badger's ability and experience with high precision manufacturing and engineering and its newly developed energy instruments, we feel comfortable about expanding in the U.S. gas market. Instromet will bring to the venture experience in Europe with high technology gas flow measurement for applications in both high and low pressure pipelines." According to Vander Heyden, "Our capabilities and products form a perfect synergy. The association with Instromet will enable Badger Meter to enlarge its presence in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. gas market, especially with new demands present for total energy measurements. At the same time, we can apply our manufacturing technologies to assure quality and economical manufacturing of the products." Instromet International is a leader in gas measurement products and systems with plants in several European countries, South America and the U.S. Badger Meter is a leading marketer and manufacturer of products using flow measurement and control technology serving industrial and utility markets worldwide. Badger Meter company news is available 24 hours a day, on-line at: http://www.businesswire.com/cnn/bmi.htm CONTACT: Badger Meter, Inc., Milwaukee William H. Vander Heyden, 414/355-0400 |
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