Rubber & Plastics News staff report
Charlotte, North Carolina – Carlisle Companies Inc., after a potential sale of its power transmission belt business fell through, has combined that operation with its tyre and wheel unit.
The company had announced plans to sell the power transmission belt business in April 2008, and had a buyer lined up late last year. But the financial crisis derailed the deal, said president and ceo David A. Roberts.
The belt unit-which makes belts and accessories for industrial power transmission applications and has annual…