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The eBearing News
August 30, 2000
Kaydon Acquires Tridan Group
in Diversification Move
copyright © 2000 eBearing Inc.
Kaydon Corporation (Ann Arbor, Michigan) has acquired the Tridan Group for $48 million
in cash.
Tridan is made up of the following companies: Tridan International Incorporated (specialty
production equipment for commercial and residential air conditioning systems), Indiana
Precision, Incorporated (specialty tooling manufacturer for the plastic packaging industry)
and Canfield Technologies Incorporated (lead-free solders). Total sales for the three Tridan
companies is in the range of USD $30 million.
Kaydon's President and CEO, Brian Campbell, commented, "The acquisition of the Tridan Group
of Companies is an example of our long range growth strategy to further diversify Kaydon's
product and market profile."
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Unauthorized reproduction is prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered
trademarks of eBearing Inc.
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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