Carlisle Companies Divests Surfacing Products Division.SYRACUSE Syracuse, city, Italy Syracuse (sĭr`əky  s, –kyz), Ital. Siracusa, city (1991 pop. , N.Y.--(BUSINESS WIRE)--Jan. 4, 1999--Carlisle Companies Incorporated (NYSE NYSESee: 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 subsidiary, Carlisle Tire & Wheel Company, sold its Surfacing Products Division to a private company that will manufacture and sell bonded rubber crumb surfacing products for use on playgrounds and other recreational applications. Terms of the transaction were not disclosed. Rick McKinnish, President of Carlisle Tire & Wheel Company, stated "the sale of the Surfacing Products Division will enhance our focus on our core specialty tire and wheel business, which continues to grow at record levels." Carlisle is a diversified diversified (di·verˑ·s manufacturer of products serving four major markets: construction materials, automotive components, industrial components and general industry. |
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