Saurer completes acquisition of Day's textile unit

Dayton, Ohio - On 30 June, Saurer completed the acquisition of Day International's textile products group. Day said, "The Textile Products Group is a leading supplier of consumable, precision-engineered rubber cots (rollers), aprons (flexible belts), compressive shrinkage belts and other fabricated rubber products for the yarn spinning and glass-fiber-forming industries with sales of approximately $45 million in 2005. It employs approximately 270 full-time associates in its production facilities located in Munster, Germany and Greenville, South Carolina, USA and its sales offices in Italy, Turkey and Hong Kong.

Terms were not disclosed.

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Press release from Day International

Original press release from Saurer

Original press release from Day International