East Hills Instruments Inc. announced today the acquisition of Applied Resources Inc. Although the purchase price was not disclosed industry sources speculate that the annual sales combined with inventory and its proprietary assets including the URL www.calibrator.com are valued between 1.5 to 3 million. A.R.I. operations will be relocating to E.H.I. home offices in New York.
East Hills Instruments’ recent acquisition broadens an already strong portfolio of test equipment brands, including Magnum Pro Calibration Pumps, Winchester Engineering, Dewey Air Switch and the MASTER distribution rights for Time Electronics USA, Practical Instruments Electronics (P.I.E.) and Scandura USA.
A.R.I. has over 20 years of micro-electronic design, engineering and manufacturing experience in the process control and instrumentation industry. A.R.I. was directly involved early on with designing of number of technologically advanced instruments for such companies as; Ashcroft, Heise, Moore Industries, Beta-Hathaway, Transcat Inc. Today it continues to manufacture and sell worldwide under the A.R.I. brand name as well as private labeling its products to a number of other manufacturers.
For additional information:
Seth Ratner
COO
516-723-9900
www.easthillsinstruments.com
