Printer Friendly

ELIZABETH CARBIDE DIE CO., INC. ANNOUNCES FORMATION OF EUROPEAN SUBSIDIARY

 MCKEESPORT, Pa., Nov. 23 /PRNewswire/ -- Elizabeth Carbide Die Co., Inc., a manufacturer of tooling for the pharmaceutical, confectionery, chemicals and other industries, today has announced the formation of a European subsidiary, Elizabeth Carbide Europe SA, with headquarters in Brussels, Belgium.
 According to David A. Keefer, Elizabeth Carbide president, the new subsidiary will focus on sales to European pharmaceutical companies, enabling them to purchase the company's tooling at a competitive price with reduced delivery times.
 "Interest in our tooling has increased in Europe over the past decade because of our unique manufacturing capabilities," Keefer said. "We wanted to be able to serve this market but needed to be certain we could provide a competitively priced product and meet our customers' delivery schedules. Elizabeth Carbide Europe will be able to provide the kind of service our customers expect from us and we demand of ourselves as well."
 The European unit will sell tooling made by Elizabeth Carbide Die Co. at its McKeesport facility, near Pittsburgh, and its subsidiary, Elizabeth Carbide of North Carolina, located in Lexington, N.C.
 Peter De Groot and Nicolas Boucquey have been named managing directors of Elizabeth Carbide Europe. Both men have served in various sales and engineering positions with a leading European manufacturer of tabletting presses and tooling.
 Elizabeth Carbide Die Co., Inc., a privately held company with annual sales estimated in excess of $20 million, was founded in 1954 and employs more than 200 persons worldwide.
 -0- 11/23/93
 /CONTACT: Larry D. Landini of Elizabeth Carbide Die, 412-751-3000/


CO: Elizabeth Carbide Die Co., Inc.; Elizabeth Carbide Europe SA;
 Elizabeth Carbide of North Carolina ST: Pennsylvania IN: SU:


KC-JM -- PG008 -- 7233 11/23/93 11:35 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 23, 1993
Words:281
Previous Article:WINTER CLOTHES OUT TO BENEFIT WOMEN'S CENTER & SHELTER
Next Article:JMC GROUP INC. REACHES AGREEMENT IN PRINCIPLE TO MANAGE MUTUAL FUND SALES PROGRAM AT FIRST TENNESSEE BANK
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters