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MERRIMAC INDUSTRIES ANNOUNCES ACQUISITION OF BTI

 MERRIMAC INDUSTRIES ANNOUNCES ACQUISITION OF BTI
 WEST CALDWELL, N.J., April 20 /PRNewswire/ -- Merrimac Industries,


Inc. (AMEX: MRM), today announced the acquisition of BTI Inc., a Canadian corporation known as 785645 Ontario, Ltd., as a fully owned subsidiary.
 The combined capabilities should greatly enhance sales of a new range of smaller, less expensive signal processing products, ideally suited to the rapidly expanding, large volume communications and commercial marketplaces. It is also envisioned that the consolidated technical resources will lead to many new multi-functional products that will have special appeal in satellite and military markets.
 The special production processes of the Canadian operation will be duplicated with equivalent capabilities in Merrimac's West Caldwell facility in order to supplement manufacturing capacity.
 Merrimac Industries, Inc., is located in West Caldwell, where it employs 120 persons in the manufacture of high performance components for communications, defense and aerospace. In recently announced year end results for 1991, Merrimac reported a net income of $1,211,492 from revenues of $12,965,188.
 -0- 4/20/92
 /CONTACT: Paul Terranova of Merrimac Industries, 201-575-1300/
 (MRM) CO: Merrimac Industries Inc. ST: New Jersey IN: ARO SU: TNM


TS-SM -- NY025 -- 9942 04/20/92 10:16 EDT
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Publication:PR Newswire
Date:Apr 20, 1992
Words:199
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