ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

MSS Merrill Lynch Merrill Lynch Strategic Return Notes Linked TO The Select 10 Index Structured Product

0.00
0.00 (0.00%)
After Hours
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Merrill Lynch Merrill Lynch Strategic Return Notes Linked TO The Select 10 Index Structured Product AMEX:MSS AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Measurement Specialties Acquires Pressure Sensing Business of Polaron Components Ltd.

02/02/2005 9:15pm

PR Newswire (US)


Merrill Lynch Merrill Lynch Strategic Return Notes Linked TO The Select 10 Index Structured Product (AMEX:MSS)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Merrill Lynch Merrill Lynch Strategic Return Notes Linked TO The Select 10 Index Structured Product Charts.
Measurement Specialties Acquires Pressure Sensing Business of Polaron Components Ltd. FAIRFIELD, N.J., Feb. 2 /PRNewswire-FirstCall/ -- Measurement Specialties, Inc. (AMEX:MSS), a designer and manufacturer of sensors and sensor-based consumer products, announced today it has acquired certain assets of the industrial pressure sensing business of Polaron Components Ltd. in the United Kingdom, for 1.3 million pounds sterling (approximately $2.45 million). For the 12 month period ended November 30, 2004, the acquired product lines generated approximately 1.06 million pounds (approximately $2 million) in net sales. This represents approximately $750,000 in incremental sales to MSI. The assets were acquired by the Company's China operation, MSI Sensors (China) Ltd. The transaction was completed today, but will be effective as of February 1, 2005. The transaction is a vertical integration move for the Company, as Polaron distributed MSI products in the UK and MSI distributed Polaron products in North America and Asia. MSI had been manufacturing Polaron pressure products in its wholly owned subsidiary in China. "Polaron pressure is an excellent fit with our business -- given that we have been manufacturing the product for Polaron -- and will be immediately accretive to our bottom line," commented Frank Guidone, Company CEO. "With its foil strain gauge technology, Polaron extends our already large pressure sensor portfolio while it further enhances our footprint in Europe." Polaron Components, Ltd. (http://www.polaron.co.uk/components), a wholly owned subsidiary of Polaron plc, designs and distributes pressure transducers and other sensor products. About MSI. Measurement Specialties, Inc. designs and manufactures sensors and sensor-based consumer products. The Sensor division, also known as MSI Sensors, produces a wide variety of sensors and transducers to measure precise ranges of physical characteristics such as pressure, force, vibration, position, tilt, flow and humidity. MSI Sensors uses multiple advanced technologies -- including piezoresistive, electro-optic, electro-magnetic, capacitive, application specific integrated circuits (ASICs), micro- electromechanical systems (MEMS), piezoelectric polymers and strain gauges -- to engineer sensors that operate precisely and cost effectively. The Consumer division produces OEM bathroom scales, Accutire(R) brand tire pressure gauges and other products. Company Contact: Frank Guidone, CEO, (757) 766-4400 Investor Contact: Aimee Boutcher or Daniel Boutcher, (973) 239-2878 DATASOURCE: Measurement Specialties, Inc. CONTACT: Frank Guidone, CEO of Measurement Specialties, Inc., +1-757-766-4400, or Investor Relations, Aimee Boutcher or Daniel Boutcher, +1-973-239-2878, both of Boutcher & Boutcher, for Measurement Specialties, Inc. Web site: http://www.msiusa.com/ http://www.polaron.co.uk/components

Copyright

1 Year Merrill Lynch Merrill Lynch Strategic Return Notes Linked TO The Select 10 Index Structured Product Chart

1 Year Merrill Lynch Merrill Lynch Strategic Return Notes Linked TO The Select 10 Index Structured Product Chart

1 Month Merrill Lynch Merrill Lynch Strategic Return Notes Linked TO The Select 10 Index Structured Product Chart

1 Month Merrill Lynch Merrill Lynch Strategic Return Notes Linked TO The Select 10 Index Structured Product Chart

Your Recent History

Delayed Upgrade Clock