Customer Support: sales@CarlisleIT.com
CHARLOTTE, NORTH CAROLINA, October 1, 2009 - Carlisle Companies Incorporated (NYSE:CSL) announced today that it has acquired privately-held Electronic Cable Specialists, Inc. (ECS), a leading designer and manufacturer of electrical and structural products and services for the aviation, medical and industrial markets. ECS offers customer-specific solutions ranging from individual electrical and structural products to fully integrated systems to support airframe manufacturers, aircraft operators and electronic equipment OEM’s worldwide. The company’s annual sales are $50 million and it is headquartered in Franklin, Wisconsin with various distribution points in the US, France and the United Kingdom. ECS will operate as part of Carlisle Interconnect Technologies. ECS’s core products consist of highly-engineered wire and cable assemblies, control panels and instrumentation to support avionics systems for general aviation, air transport and military aircraft. ECS has a full staff of electrical, mechanical and systems engineers to provide product design and certification services for the company’s customers, including over 150 major airlines, all major aircraft manufacturers and a number of military programs. The company is a leading supplier of components and systems for in-flight entertainment and broadband applications for commercial airliners. David A. Roberts, Carlisle’s Chairman, President and CEO, said “ECS complements our specialty wire and cable operations and broadens our product and engineering capabilities for our commercial and defense airframe customers. ECS’s product and service capabilities are at the forefront of new developments in avionics and commercial aircraft comfort and business communications. The company has an award-winning reputation for satisfying the demanding requirements of a customer base that is shared with our Carlisle Interconnect Technologies. This acquisition furthers our plan to grow Carlisle’s businesses in attractive markets in which we play a leading role. ECS will bring many beneficial attributes to Carlisle and with the backing of our resources, the company promises to become an excellent growth platform for Carlisle.”
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global economic, business, competitive, market and regulatory factors. More detailed information about these factors is contained in the Company's filings with the Securities and Exchange Commission. The Company undertakes no duty to update forward-looking statements.
About Carlisle Companies
Carlisle is a diversified global manufacturing company serving the construction materials, commercial roofing, specialty tire and wheel, power transmission, heavy-duty brake and friction, heavy-haul truck trailer, refrigerated truck body, foodservice, aerospace, and test and measurement industries.
Steven J. Ford
Vice President & Chief Financial Officer
Carlisle Companies Incorporated