CTB International Corp. Completes Purchase of Sibley Industries, Inc.MILFORD, Ind.--(BUSINESS WIRE)--July 8, 1998--CTB International Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CTBC CTBC Computer Take Back Campaign CTBC Cape Town Bridge Club (South Africa) ) today announced that it has finalized its acquisition of Sibley(R) Industries, Inc. CTB's intent to purchase the Anderson, Missouri firm was announced April 24, 1998. Sibley Industries is a leading manufacturer of brooders and heaters for poultry and livestock. Financial terms of the transaction were not disclosed. Commenting on the final agreement, Chris Chocola Joseph Christopher "Chris" Chocola (born February 24 1962) was a Republican member of the United States House of Representatives from Indiana's At-large congressional district (map) from 2003 to 2007. He was defeated in 2006 by Joe Donnelly. , president and chief executive officer of CTB CTB Council Tax Benefit (UK) CTB Coopération Technique Belge (French: Belgian Technical Cooperation) CTB Commonwealth Transportation Board (Virginia Department of Transportation) International Corp., said, "We are very pleased to have Sibley Industries, Inc. join CTB in our mission to help feed the world. The acquisition represents another step forward in our strategy of offering our customers the most complete and highest value package of products for the efficient production of poultry, pork and grain." As announced previously, Sibley Industries, Inc. will continue to operate in Missouri under the leadership of Gary Anderson
Gary Anderson (born July 16, 1959 in Parys, Free State, South Africa) is a former American football placekicker. , the company's president and chief executive officer. The company has been producing brooder brooder stage two of the usual bird rearing sequence. After hatching the baby birds are put into a brooder house, usually with a heat source attached, for rearing. Also used as a management strategy for baby pigs which are weaned early, at 3 weeks. equipment and heaters for poultry and livestock since 1928. CTB International Corp., based in Milford, Indiana, is a leading manufacturer and marketer of automated feeding, watering and ventilation systems, and commercial egg laying and handling systems as well as feed and grain storage bins. Founded in 1952, the company serves the poultry, swine, egg production and grain industries.
CONTACT: CTB International Corp.
Don Steinhilber, 219/658-4191
http://www.ctbinc.com
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