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CONTREX ACQUIRES FENNER INDUSTRIAL CONTROLS DIVISION

 MAPLE GROVE, Minn., Dec. 1 ~PRNewswire~ -- Contrex, Inc. of Maple Grove has acquired the Fenner Industrial Controls division of Fenner, Inc., Contrex owner Gary C. Hansen announced today. Terms of the acquisition were not disclosed.
 Contrex is a new Minnesota corporation formed by Hansen, who was president of the Fenner Industrial Controls division at the time of its acquisition by the British firm a decade ago. Fenner, Inc. remains a minority shareholder of Contrex.
 Hansen emphasized that Contrex will continue to trade under the Fenner name, "where we have gained a strong reputation for both quality products and creative, high-quality solutions to industrial controls problems."
 Contrex has 48 employees and remains headquartered in a 20,000- square-foot manufacturing facility in Maple Grove. The firm specializes in speed, position and synchronization control systems for a customer base in a wide range of industries.
 The company's products are microprocessor-based and incorporate serial communication capability to tie in with factory automation schemes.
 -0- 12~1~92
 ~CONTACT: Glen Gauvin of Contrex, 1-800-342-4411; or Tom Williams of Williams Advertising & Communications, 612-825-4708, for Contrex~


CO: Contrex, Inc.; Fenner, Inc. ST: Minnesota IN: CPR SU: TNM

KH -- MN014 -- 4108 12~01~91 16:37 EST
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Publication:PR Newswire
Date:Nov 30, 1992
Words:199
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