 "Jasch Industries arm Indev buys US-based Automation and Control Technology")
Indev 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.
Jasch Industries Ltd is a pioneer in the field of manufactures of PU and PVC coated fabrics, PU resin and radiation-based nucleonic gauges.
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