Printer Friendly

SQUARE D COMPANY SELLS INFRARED MEASUREMENT DIVISION

 PALATINE, Ill., Dec. 1 ~PRNewswire~ -- Square D Company announced today that it has concluded the sale of its Infrared Measurement Division to Fairey Group plc of the United Kingdom. This transaction includes the division's plant and offices in Niles, Ill., and the stock of the division's three subsidiaries -- Ircon GmbH in Germany, Ircon Limited in the U.K. and Ircon S.A.R.L. in France.
 Acquired by Square D in 1982, and formerly known as Ircon, the Infrared Measurement Division is a leading manufacturer of infrared thermometers, line scanners and systems for non-contrast temperature measurement control.
 Fairey Group plc, which is listed on the London Stock Exchange, is a worldwide manufacturer of industrial measurement and control devices and specialist engineering and filtration products. The company plans to call its new division by the Ircon name.
 Square D Company is one of the key businesses of Schneider North America -- one of three geographic divisions of the industrial businesses of Groupe Schneider, headquartered in Paris, France. The sale of the Infrared Measurement Division is consistent with the Schneider North America strategy to focus on its core electrical distribution, automation and industrial control businesses.
 With 1991 sales of approximately $11 billion, Groupe Schneider is the global leader in electrical distribution, automation and industrial control products, systems and services.
 -0- 12~1~92
 ~CONTACT: Elizabeth Nicolay of Square D Company, 708-397-2600~


CO: Square D Company; Fairey Group plc ST: Illinois IN: CPR SU:

TM -- NY102 -- 2692 12~01~92 23:49 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 30, 1992
Words:249
Previous Article:ARIANESPACE LAUNCHES SECOND SUPERBIRD FOR JAPAN
Next Article:PANGEA PRESIDENT AND CORPORATE DIRECTION ANNOUNCED; 'BRINGING THE WORLD BACK TOGETHER THROUGH COMMUNICATIONS'
Topics:


Related Articles
SQUARE D COMPANY TO SELL INFRARED MEASUREMENT DIVISION
MIKRON INSTRUMENT COMPANY, INC. SIGNS TECHNOLOGY LICENSING AGREEMENT WITH LAND INSTRUMENTS, INC.
Tracor Wins Texas DPS Pollution Monitoring Contract
Land Infrared.
New NIR Gauges from Infrared Engineering.
NDC Infrared Engineering.
Internet Advertising Executive David DeBusk to Lead DS-IQ Client Solutions Team.
NDC Infrared hits milestone.
IR Spectroscopy: An Introduction.

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