Carlisle Companies' Trail King Announces Temporary Consolidation of Operations.CHARLOTTE, N.C. -- 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 Trail King Industries, the Company's manufacturer of specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. heavy truck trailers, will temporarily consolidate production operations of two plant locations into Trail King's Mitchell, SD facility. The West Fargo, ND facility will take a temporary production shutdown shut·down n. A cessation of operations or activity, as at a factory. shutdown Noun the closing of a factory, shop, or other business Verb shut down in early June, with plans to resume normal production the second week of August, 2009. The Company's Brookville, PA facility will temporarily shut down production the second week of June and plans to resume normal production the second week of September, 2009. All three locations will continue to provide normal parts and maintenance services during the temporary consolidation of production operations. David A. Roberts, Chairman, President and Chief Executive Officer, said, "The temporary consolidation of production at Trail King is a necessary response to current market demand. This action allows us to better align our production capabilities with current market dynamics, while maintaining the highest level of service to our customers. Trail King continues to be an important component of the Carlisle portfolio." 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. This press release contains forward-looking statements within the meaning of 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. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these factors is contained in the Company's filings with the Securities and Exchange Commission. The Company undertakes no duty to update forward-looking statements. About Carlisle Companies Carlisle is a diversified global manufacturing company serving the construction materials, commercial roofing, specialty tire and wheel, power transmission, heavy-duty brake and friction, heavy-haul truck trailer, refrigerated re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. truck body, foodservice, aerospace, and test and measurement industries. |
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