Industry News: Illinois Tool Works Purchases Quasar International
July 31, 2007
ALBUQUERQUE, NM-Illinois Tool Works Inc., a designer and producer of engineered components, equipment, consumable systems and specialty products, announces the purchase of Albuquerque, NM-based Quasar International Inc., the inventor of process compensated resonant testing (PCRT), an NDT method.
Quasar will continue to operate as an independent company, which is consistent with the ITW decentralized organization structure. Quasar will be associated with Magnaflux, a division of Illinois Tool Works Inc., a worldwide supplier of magnetic particle equipment, dye penetrant inspection equipment and associated chemical products used for nondestructive testing. Quasar operations in Albuquerque and Detroit will remain essentially unchanged, and existing distribution and customer agreements will not be affected.