Carlisle Finalizes Acquisition of Carlyle Incorporated.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 it has completed the acquisition of Carlyle Incorporated of Tukwila, Washington Tukwila (pronounced IPA: /tʌkˈwɪlə/) is a city in King County, Washington, about 6 miles south of Seattle. The population was 17,181 at the 2000 census. . Carlyle is a leading provider of sophisticated aerospace and network interconnection solutions. David A. Roberts, Carlisle's Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. commented, "We are very excited about this addition to our Tensolite division which virtually doubles the size of our wire, cable and high-end interconnect solutions business. The Carlyle acquisition strengthens our global reach of this critical strategic Carlisle platform. Carlyle's largest application includes both fiber optic and copper cable assemblies for in-flight entertainment systems (IFE Ife (ē`fā), city (1991 est. pop. 262,000), SW Nigeria. Located in a farm region, the city is an important center for marketing and shipping cacao. According to tradition, Ife is the oldest Yoruba town (founded c.1300). ) on commercial aircraft, including Boeing, Airbus and the regional jet industry. Spending on IFE systems is expected to grow dramatically through 2010 fueled by new aircraft builds and retrofit applications. We are well positioned to capitalize on this opportunity." Mr. Roberts concluded, "The addition of Carlyle strategically positions us to be the leader in aerospace specialty interconnect systems." Forward-Looking Statements 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. 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, and aerospace and test and measurement industries. |
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