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Curtiss-Wright Buys Assets From Parylene Coating(InvesTrend Via Acquire Media NewsEdge) September 4, 2008 (FinancialWire) -- Curtiss-Wright Corp. (NYSE: CW) (Current Market Cap: US$2.35 Bil.) has acquired certain assets and liabilities of Parylene Coating Services, Inc. for around $7.6 million in cash. PCS applies parylene coatings primarily for the medical device industry. The business will become part of Curtiss-Wright's Metal Treatment segment. PCS's facility posted sales of around $3 million in the twelve months ending August 2008. Roseland, New Jersey-based Curtiss-Wright designs, manufactures and overhauls products for motion control and flow control applications, and provides a variety of specialized metal treatment services. The firm employs around 7,600 people worldwide. Curtiss-Wright's Paramus, New Jersey-based metal treatment segment provides precision metal finishing services, including shot peening, shot peen forming, laser peening, heat treating and specialty coatings. Its customer base includes the commercial aerospace, automotive, power generation and processing industries. The company operates 64 metal treatment facilities in North America and Europe. FinancialWire is a fully independent, proprietary news wire service of Investrend Information (a division of Investrend Communications, Inc.). FinancialWire news is written by professional journalists, dedicated to pure journalistic standards. FinancialWire does not receive or accept any compensation from any individual or subject company (or representative thereof) for its news or opinions. All FinancialWire news is available at http://www.financialwire.net . Please address any inquiries to [email protected] . Free annual reports for companies mentioned in the news are available at http://investrend.ar.wilink.com/?level=279 . (Distributed for Investrend Communications, Inc. via M2 Communications Ltd (www.m2.com)) Copyright ? 2008 M2 Communications Ltd. |
