AST Broadens Product Offering With Acquisition
"The combined resources of AST and Macro Sensors offer the sensor market hundreds of years of product and technology experience in both LVDT and pressure sensor applications," noted Karmjit Sidhu, AST vice president of business development. "With AST's involvement in Macro Sensors' future, the joint companies can forge ahead to introduce new and enhanced sensor products to the market."
Macro Sensors will continue to operate under its own brand name from its existing facilities in Pennsauken, N.J., without interruption. No management changes are anticipated. Macro Sensors manufactures LVDT-based linear and rotary sensors, gaging probes, support electronics, and accessories in providing complete measurement solutions for both OEM and end-user applications.
"This is another significant milestone in AST's rapid growth," said Richard Tasker, AST chief executive officer. "We are pleased to have the opportunity to incorporate Macro Sensors and its fine line of LVDT-based products into the AST portfolio of pressure sensors and switches. As the two product lines are very complementary to each other, we expect this merger to provide significant benefit to our customers."
Publication date: 06/20/2005