Gauging Systems Inc, the US-based wholly owned subsidiary of the Jasch Industries
Ltd, has entered into an agreement to acquire Automation
and Control Technology Inc (ACT) for a consideration of $ 1 million. The combined entity will offer the most advanced and cost effective in-line web based measurement and control technologies currently available within the coatings, converting, building products, metals, plastics
and non-woven industries.
A specialist in in-line process measurement and control solutions, Indev
Gauging Systems was acquired by Sonepat (Haryana) based Jasch Industries
in 2011. Since its inception in 1947, Indev
has expanded from simple in-line measurement solutions into the more stringent demands of advanced coatings, paper, metals, films and building product industries.
In the last 7 years Indev
has added people in software development, design, controls, sales and service. With the latest purchase of ACT, Indev
has substantially expanded its engineering, manufacturing and delivery capabilities even more. With this move the current president of ACT, Charles Totel, will now lead the new Indev-ACT team as president while Bruce Johnson will become the vice president of sales and marketing.
According to Charles Totel, along with the added investment in its people and processes, Indev
is now positioned to continue to aggressively increase its North American market share while still providing the most technically advanced, cost effective and best supported web based measurement systems in the industry.
As a company, Indev
now has manufacturing in the US, India and Germany along with additional service and support offices in China, Netherlands, Brazil, Singapore, Taiwan and Korea.
Ltd is a pioneer in the field of manufactures of PU and PVC coated fabrics, PU resin and radiation-based nucleonic gauges.