Industry News: L.S. Starrett Acquires Kinemetric Engineering
August 28, 2007
ATHOL, MA-The L.S. Starrett Co., supplier of precision measuring tools and equipment, announces it has acquired the assets of Kinemetric Engineering LLC (Laguna Hills, CA) for $2.3 million. Kinemetric Engineering specializes in precision video-based metrology, specialty motion devices and custom-engineered systems for measurement and inspection. Kinemetric’s product line complements Starrett’s existing metrology products that include optical measuring projectors and vision systems.
“This acquisition brings new managerial and engineering talent to Starrett and expands our strategic focus to provide custom-engineered solutions for industry,” says Douglas A. Starrett, president and CEO for Starrett. “It will enable us to fully engage our sales and distribution network with a broad product offering backed by Starrett and effectively administrated by our new team.”