|
COX INSTRUMENTS NEWS
BADGER METER PURCHASES COX INSTRUMENTS AND FLOW
DYNAMICS
Milwaukee, Wis., April 12,
2010…. MILWAUKEE--Badger Meter, Inc. (NYSE: BMI)
announced it has purchased Cox Instruments, LLC
(www.cox-instruments.com), of Scottsdale,
Arizona, and its subsidiary companies Flow
Dynamics, Inc., and Exact Flow. The entities are
suppliers of precision and industrial flow
measurement instrumentation worldwide. Terms of
the transaction were not disclosed.
The acquisition combines
the resources of the three flow measurement
companies into a wholly-owned subsidiary of
Badger Meter, Inc. named Cox Flow Measurement,
Inc., which will continue to be based in
Scottsdale, Arizona. The Cox management team
will remain with the company.
Cox
Instruments and Exact Flow manufacture
precision, high-performance flowmeters used in
demanding flow applications such as aerospace,
custody transfer and flow measurement
calibration test stands. Flow Dynamics is a
National Voluntary Laboratory Accreditation
Program (NVLAP)-accredited primary standard flow
calibration laboratory, supplying both
manufacturers and end users with dependable
calibration results.
According to Richard A. Meeusen, chairman,
president and chief executive officer of Badger
Meter, the acquisition of Cox Instruments and
Flow Dynamics gives Badger Meter several new
flow measurement technologies. “We believe that
Cox’s high-end turbine meters for industrial and
precision flow applications are a good fit for
Badger Meter. Integrating these products with
our existing flow measurement portfolio will
open new market opportunities for us, while
effectively leveraging the customer base of both
companies. Cox has an excellent reputation in
the industry and will be a great addition to
Badger Meter’s line of global flow measurement
solutions,” said Meeusen.
“Badger
Meter’s purchase of Cox Instruments and our
affiliate companies provides exceptional product
synergy and strengthens our competitive position
in the global flow measurement market. The
combined organization will benefit customers
greatly with additional distribution channels
and customer service,” commented Cox
Instruments’ Mike Wusterbarth, who will now
assume the duties of general manager of Cox Flow
Measurement Inc. Wusterbarth had served as CEO
of Cox Instruments prior to the acquisition.
To learn
more, please visit
www.badgermeter.com,
www.cox-instruments.com,
www.exact-flow.com or
www.flow-dynamics.com.
About Badger Meter, Inc.
Badger
Meter’s core competency is flow measurement
solutions. The company is a leading manufacturer
and marketer of products incorporating liquid
flow measurement and control technologies
developed both internally and with other
technology companies. Badger Meter products are
used in a wide variety of applications,
including water, oil and chemicals. For more
information, visit
www.badgermeter.com.
About Cox Instruments
Cox
Instruments supplies precision turbine
flowmeters and ancillary products for today’s
most demanding liquid and gas flow measurement
applications. For over 50 years, Cox flowmeters
have been recognized for their uncompromised
accuracy and reliability. Diverse customers can
be found in the automotive, aerospace, test and
measurement, metrology, process control and
manufacturing industries. Cox Instruments is
accredited to AS9100 and ISO 9001 and compliant
with other strict industry quality standards
including TS16949. For more information, visit
www.cox-instruments.com.
About Exact Flow
Exact
Flow, based in Scottsdale, Arizona USA, is the
only supplier of innovative dual-rotor turbine
flowmeter technology, delivering unique designs
to meet the application requirements of the
aerospace, industrial, automotive and OEM
markets. Exact Flow’s primary focus is to
enhance customer value by specializing in
advanced embedded electronics, multiple process
variable measurements and unique packaging,
which minimize the need for additional sensors
and installation expense. Learn more at
www.exactflow.com.
About Flow Dynamics, Inc. (FDI)
Located
in Scottsdale, Arizona USA, Flow Dynamics'
32,000 square foot facility was specially
designed to accommodate high flow capacity
calibration equipment. Having a large 100
cubic-foot Primary Standard Bell Prover, with a
1,500 SCFM capacity, makes FDI unique in its gas
calibration capability. FDI also owns and
operates a 1,250 GPM Primary Standard Positive
Displacement Liquid Calibrator to accommodate
large meters. With 17 different primary standard
liquid and gas displacement flow calibrators,
Flow Dynamics can calibrate a wide variety of
fluids and flow ranges. No other calibration
facility offers a more complete calibration
solution for today's flowmeter user. Learn more
at
www.flow-dynamics.com.
|