B&K Precision Corp. Acquires Majority Ownership of Global Specialties
FOR IMMEDIATE RELEASE
B&K Precision Corp. Acquires Majority Ownership of Global Specialties
Yorba Linda, California - September 26, 2008 - B&K Precision Corporation has acquired a majority ownership of Global Specialties LLC, according to Victor Tolan, President of B&K Precision. Mr. Tolan states that, “as a subsidiary of B&K Precision, Global Specialties will utilize B&K’s vast resources to invest in inventory, new products and marketing and to increase Global’s presence in foreign markets.”
Global Specialties has retained Eric Blauvelt as its President, and Frank Menichello as its National Sales Manager. All products will be shipped from B&K’s facility in California, while marketing, sales and product development activities will be handled by Global’s main office in Connecticut.
B&K Precision of Yorba Linda, CA, is a multi-national company founded in 1951, and is a leading supplier of high quality, cost effective electronic test and measurement instruments. Global Specialties of Wallingford, CT, is a market leader in high-performance electronic prototyping and design products, founded in 1973. Global’s Proto-Board® branded prototyping boards and design trainers are the benchmark for reliability, durability and long-life in the education and R&D markets.
Contact:
Victor Tolan, President
B&K Precision Corporation
714-921-9095
www.bkprecision.com
Eric Blauvelt, President
Global Specialties LLC
203-265-9700
www.globalspecialties.com
