Printer Friendly
The Free Library
19,585,600 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Brady Corporation Acquires Electromark Corp., a Manufacturer of Safety and Facility Identification Products for the Utility Industry.


MILWAUKEE -- Brady Corporation Brady Corporation is a US based multi-national company specialising in the manufacture of labels and label printers for use in offices and industry. Company History
Brady was founded in 1914 in Eau Claire, Wisconsin, as W.H. Brady Co.
 (NYSE NYSE

See: New York Stock Exchange
:BRC BRC Black Rock City (Burning Man)
BRC British Retail Consortium
BRC Business Resource Center (Small Business Administration)
BRC Bisexual Resource Center
BRC Black Radical Congress
), a world leader in identification solutions announced that it has acquired Permar Systems, Inc., doing business as Electromark Corp., a manufacturer and supplier of safety and facility identification products including custom and stock signs, tags and labels. Terms of the transaction were not disclosed.

Electromark, headquartered in Wolcott, NY, is a market leader in supplying identification products to the utility industry. Founded in 1970, Electromark had sales of $11 million in fiscal 2004. The company employs approximately 125 people at its 80,000 square-foot factory in Wolcott, NY. Brady plans to maintain current operations in Wolcott.

"As the demand for electricity continues to increase, the utility market is expected to outpace out·pace  
tr.v. out·paced, out·pac·ing, out·pac·es
To surpass or outdo (another), as in speed, growth, or performance.


outpace
Verb

[-pacing,
 the growth of many other industries that use safety and facility identification products. The acquisition of Electromark gives Brady a leadership position in facility and safety identification for this market, and provides us a broader product range and excellent channel partners. The expertise of the Electromark team and their excellent product line will enhance our ability to serve utility customers," said Matt Williamson, Vice President Brady Americas.

"Electromark and Brady share a common culture of customer service and a focus on innovation, and we are proud and excited to be joining the Brady team," said Electromark President Blair Brewster.

Brady Corporation is an international manufacturer and marketer of complete identification solutions and specialty materials, with products including safety devices, labels, software, printing systems, label-application and data-collection systems, signs and precision die-cut materials for manufacturing, electrical, electronic, telecommunications and a variety of other markets. Founded in 1914, Brady is headquartered in Milwaukee and employs more than 4,000 people in operations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, Asia/Pacific, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies.  and Canada. Brady's fiscal 2004 sales were approximately $671 million. More information is available on the Internet at www.bradycorp.com and www.electromark.com.

This news release contains forward-looking information, as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Forward-looking information in this release involves risks and uncertainties, including, but not limited to, domestic and international economic conditions and growth rates Growth Rates

The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures.

Notes:
Remember, historically high growth rates don't always mean a high rate of growth looking into the future.
; fluctuations in currency exchange rates for international currencies versus the U.S. dollar; the successful implementation of a new enterprise-resource-planning system; the ability of the company to acquire, integrate and achieve anticipated synergies from new businesses; the ability of the company to adjust its cost structure to changes in levels of sales and product mix in a timely manner; variations in the economic or political conditions in the countries in which the company does business; technology changes; and the continued availability of sources of supply. Brady cautions that forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 are not guarantees, since there are inherent difficulties in predicting future results, and that actual results could differ materially from those expressed or implied in forward-looking statements.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 1, 2005
Words:466
Previous Article:The India Fund, Inc. Announces Expiration of Rights Offering.
Next Article:IBSG International Set for Launch of Sarbanes-Oxley Solution ``SOX Pro'' into $6.9 Billion Market Through Subsidiary, Secure Blue, Inc.



Related Articles
Katherine M. Hudson.
Gartner Gp. acquires "Sector 5 Summit on prevention & terrorism".
Brady reports first quarter earnings.
Brady Corporation Acquires Prinzing Enterprises, Inc., a Leading Manufacturer of Lockout/Tagout Safety Products.
Brady Corporation to Acquire EMED Company, a Direct Marketer and Manufacturer of Identification Products.
Brady Corporation Acquires Signs & Labels Ltd. in U.K.
Brady Corporation Acquires Visitor Management Software Developer STOPware, Inc.
Brady Corporation awarded a 2005 Harley-Davidson[R] Sportster[R] and a Harley-Davidson leather jacket to Patrick Coyne, the winner of the Brady...
Brady Corporation Acquires Safety-Identification-Product Manufacturer Scafftag, Ltd.
Brady Corporation acquires wire-identification manufacturer Modernotecnica in Milan, Italy.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles