Cetek Announces Acquisition.POUGHKEEPSIE, N.Y. -- Cetek Technologies, Inc. (Pink Sheets:CTKH) today announced the acquisition of Hybrid-Tek, Inc., a thick film on ceramic This article is about ceramic materials. For the fine art, see Ceramic art. The word ceramic is derived from the Greek word κεραμικός (keramikos). manufacturer. This acquisition is a 100% (wholly owned) subsidiary of Cetek Technologies, Inc. Regarding the acquisition, the company is a New Jersey-based manufacturer that has been in continuous operations since 1982. The acquired company specializes in high quality thick film technology on ceramic for aerospace and various other applications. Thick film technology is the process by which circuitry is placed on ceramic substrates. As previously stated, the growth of Cetek would be from internal expansion by product and customer additions, as well as by acquisition of manufacturing companies with similar synergies. This particular acquisition is expected to take advantage of various synergies that should serve to complement Cetek's operations. Cetek 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. Fayiz Hilal stated, "This acquisition will provide more exposure to Cetek Technologies, as well as for Cetek's ceramic into more markets. This company has considerable talent and growth potential, which should most certainly enhance Cetek's overall business model. We are pleased to be able to make this announcement, and we will provide more information as warranted." About Cetek Technologies Cetek Technologies' principal activity is to market and manufacture ceramic products for several different industries. Cetek products are of high grade industrial ceramics ceramics (sərăm`ĭks), materials made of nonmetallic minerals that have been permanently hardened by firing at a high temperature, or objects made of such materials. including alumina alumina (əl  `mĭnə) or aluminum oxide, Al2O3, chemical compound with m.p. about 2,000°C; and sp. gr. about 4.0. , cordierite cor·di·er·ite n. A dichroic violet-blue to gray mineral silicate of magnesium, aluminum, and sometimes iron. Also called dichroite. [French, after Pierre L. , mullite, and zirconia for thermal shock Thermal shock in mechanical models Thermal shock is the name given to cracking as a result of rapid temperature change. Glass and ceramic objects are particularly vulnerable to this form of failure, due to their low toughness, low thermal conductivity, and high , wear, electrical isolation and corrosial resistance applications. Cetek's substrates are commercially produced in 12 inch, as well as larger size, panels. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion