Teleflex Acquires Turbine Technology Services Corporation
18 October 2000
Teleflex Acquires Turbine Technology Services Corporation
PLYMOUTH MEETING, Pa.--Oct. 17, 2000--Teleflex Incorporated announced today that its Sermatech International subsidiary had acquired Turbine Technology Services Corporation, a provider of products and services for the gas turbine and combined cycle power plant market. Terms of the deal were not disclosed.Turbine Technology Services, headquartered in Orlando, Florida, had sales in 1999 of approximately $20 million. The company also has offices in Texas, California and New York.
James McCabe, president of Sermatech International, said, "We are building our capabilities to provide comprehensive maintenance packages for the rapidly growing power market. Turbine Technology Services complements the products and services of Sermatech and will enable us to provide our customers with a strong, single support organization."