Cascade Announces Acquisition of Falkenroth Foerdertechnik, GmbH.PORTLAND, Ore. -- Cascade A connected series of devices or images. It often implies that the second and subsequent device takes over after the previous one is used up. For example, cascading tapes in a dual-tape backup system means the second tape is written after the first one is full. Corporation, (NYSE NYSE See: New York Stock Exchange :CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. ), today announced that it has completed the acquisition of the assets of Falkenroth Foerdertechnik, a major European fork manufacturer located in Schalksmuhle, Germany. Total purchase price was approximately Euro 3.8 million ($4.6 million) plus inventory at the time of closing. Cascade Corporation, headquartered in Portland, Oregon, is a leading international manufacturer of materials handling Materials handling The loading, moving, and unloading of materials. The hundreds of different ways of handling materials are generally classified according to the type of equipment used. products used primarily on lift trucks. Additional information on Cascade is available on its web site, www.cascorp.com. |
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