Starrett Acquires Tru-Stone Technologies Inc.
precision, custom-engineered granite machine bases and accessories to manufacturers of inspection and measurement equipment and other industries. The acquisition will allow Starrett to diversify its customer base, broaden the array of custom granite solutions for industry and leverage its global brand strength.
Tru-Stone services a number of industries, including semiconductors, flat-panel displays, advanced microelectronics, aerospace, automotive, medical, optical and general industrial.
Douglas A. Starrett, president and CEO of Starrett, says, "We're excited about the acquisition of Tru-Stone and the strategic fit that it provides our company. Tru-Stone will dovetail nicely with our existing business and complement our reputation for providing the finest in precision measuring instruments to fulfill industry's most stringent demands."
Starrett continues, "While Tru-Stone is not immune to offshore competition, it is insulated to some degree with a high content of engineered design and close working relationship with customers."