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Carlisle Acquires Process Controls Engineering.


Business Editors

SYRACUSE, N.Y.--(BUSINESS WIRE)--June 5, 2000

Carlisle Companies Incorporated (NYSE NYSE

See: New York Stock Exchange
:CSL (Computerese as a Second Language) Said of people who love to speak high-tech words even though they often use them erroneously. See TLA.

1. CSL - Computer Structure Language. A computer hardware description language, written in BCPL.
) announced today that it has acquired Process Controls Engineering ("PCE PCE pseudocholinesterase; see cholinesterase.
erythromycin

Apo-Erythro (CA), Apo-Erythro-EC, Diomycin (CA), E-Base, E-Mycin, Erybid (CA), Erymax (UK), Ery-Tab, Erythromid (CA), PCE (CA), Rommix (UK), Tiloryth (UK)

") of Ripon, Calif., a leading privately-held control systems design and integration company serving the food and dairy processing industries.

PCE's process knowledge and controls expertise have resulted in the company's rapid growth, especially within the cheese manufacturing market 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. .

Tim High, President of Carlisle's Scherping Systems International operation, stated "PCE is a perfect fit for Scherping Systems, providing the additional resources to service our West Coast cheese customers as well as the entry into other strategically important markets in the food industry where Scherping is currently not active. The most significant growth opportunities in the next decade are on the West Coast, with Scherping now positioned to pull through additional business from controls to full system sales System sales is a business term used in the franchising industry. Franchisors provide supplies, marketing and administration services to franchisees in return for a part of the franchisees' revenues. Some franchisors also operate some outlets directly. ."

Scherping Systems, part of Carlisle Systems & Equipment of the General Industry segment, is the market leader in cheesemaking systems throughout the world.

Terms of the transaction were not disclosed.

Carlisle is a diversified manufacturer of products serving construction materials, industrial components, automotive components and general industry markets.
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Publication:Business Wire
Date:Jun 5, 2000
Words:192
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