GENERAL SIGNAL SELLS METALLURGICAL PRODUCTS BUSINESS OF LEEDS & NORTHRUP UNIT.STAMFORD, Conn.--(BUSINESS WIRE)--August 4, 1995--General Signal Corporation announced today that it has sold the metallurgical met·al·lur·gy n. 1. The science that deals with procedures used in extracting metals from their ores, purifying and alloying metals, and creating useful objects from metals. 2. products business of its Leeds & Northrup unit (L&N) to subsidiaries of Heraeus Holding GmbH, Hanau, Germany. Terms of the transaction were not disclosed. L&N Metallurgical Products, with operations in the U.S. (Ellport, Pennsylvania Ellport is a borough in Lawrence County, Pennsylvania, United States. The population was 1,148 at the 2000 census. Geography Ellport is located at (40.860396, -80.262051)GR1. ) and Europe (Birmingham, U.K.), will operate as an independent company and will continue to offer the complete line of L&N Metallurgical Products to its worldwide customer base. The company manufactures consumable A material that is used up and needs continuous replenishment, such as paper and toner. "The low-tech end of the high-tech field!" electro-chemical sensors used in raw steel production, iron foundries, and non-ferrous metals processing to measure temperature, soluble soluble /sol·u·ble/ (sol´u-b'l) susceptible of being dissolved. sol·u·ble adj. Capable of being dissolved, especially easily dissolved. oxygen, carbon, and silicon to ensure quality in molten metals processing. L&N Metallurgical Products is the second L&N business the company has sold since announcing in the fourth quarter of 1994 its plans to sell the L&N unit. The company sold the Max 1000 distributed control systems A distributed control system (DCS) refers to a control system usually of a manufacturing system, process or any kind of dynamic system, in which the controller elements are not central in location (like the brain) but are distributed throughout the system with each component business earlier this year to Industrial Control Services Group PLC, a British concern. General Signal Corporation, with 1995 estimated sales of $1.89 billion, is a leading equipment manufacturer for the process control, electrical, and industrial technology industries. Heraeus Holding GmbH, with fiscal 1994 sales of $3.55 billion, is engaged in diverse manufacturing businesses in the field of high value metals and chemicals, dental material and jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. , quartz glass, sensors and scientific equipment. CONTACT: General Signal Corporation, Stamford Nino Fernandez, 203/329-4320 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion