Carlisle Signs Letter of Intent to Acquire Damrow Denmark and Damrow USA.Business Editors SYRACUSE, N.Y.--(BUSINESS WIRE)--January 27, 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 signed a letter of intent with GEA GEA - Graph Extended ALGOL. Extension of ALGOL 60 for graph manipulation, on UNIVAC 1108. "A Language for Treating Graphs", S. Crespi-Reghizzi et al, CACM 13(5) (May 1970). Aktiengesellschaft of Germany to acquire the assets of Damrow Denmark and Damrow USA, a global equipment supplier to the cheese industry. Tim High, President of Carlisle's Scherping Systems International operation, stated, &uot;We are particularly impressed with the recent new patents and product development activities of Damrow and feel confident that Scherping will be able to expand on this using our engineering, fabrication and control capabilities.&uot; Damrow's product range includes European cheese systems and cottage cheese cottage cheese a soft, uncured cheese made from soured skim milk; most of the lactose is removed with the whey. Used in low-residue diets for dogs and cats. equipment as well as a full range of cheddar and mozzarella systems. The products and services currently provided by Damrow will be marketed separately from Scherping's own products. Damrow Denmark will provide full system capability to the European and South American markets. In Asia, Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Scherping will market Damrow products. Damrow USA will continue their sales and marketing activities directly to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market. With the addition of Damrow and the recent acquisition of Innovative Engineering Ltd. Of New Zealand to the Scherping Systems line of equipment and services, Carlisle becomes the leading global supplier of cheese manufacturing systems. Scherping Systems, operating under Carlisle's General Industry segment through Carlisle Systems &Equipment, is the market leader in cheesemaking systems in the United States. Terms of the transaction were not disclosed. Closing is planned for the end of February 2000. Carlisle is a diversified manufacturer of products serving four major markets: construction materials, automotive components, industrial components and general industry. |
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