Carlisle Acquires UniTrek Company of Vancouver, Washington.Business Editors SYRACUSE, N.Y.--(BUSINESS WIRE)--July 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 its wire, cable and cable assembly operation, Tensolite Company, acquired privately held UniTrek Company. UniTrek is a manufacturer of radio frequency (RF) and microwave cable assemblies and complex wire harnesses supplied to OEM's in the wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , electronic test and measurement, and defense electronics markets. UniTrek employs over 160 people at its facilities in Vancouver, Washington
Vancouver, Washington is a city on the north bank of the Columbia River, in the state of Washington, USA. It is the county seat of Clark County. . John E. Berlin, President of Tensolite, stated, "UniTrek is an excellent company and adds considerably to Tensolite by expanding our capabilities in RF and Microwave cable interconnect products. They will bring Tensolite valuable resources, as well as provide a strategic West Coast location to help us better service our OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers on a national basis. The acquisition of UniTrek will further strengthen Tensolite's ability to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the significant growth opportunities that exist in the rapidly expanding market for RF/Microwave cable assemblies and complex wire harnesses." Tensolite is a leader in the manufacture of specialty bulk wire and cable and specialty wire and cable interconnect solutions. Terms of the cash 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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