FOR IMMEDIATE RELEASE
Myers Power Products Transfers and Adds Product Lines As Part of Long-Term Strategy
SANTA FE SPRINGS, CA, JULY 15, 2003 - As part of a long-term strategy for development and growth, Myers Power Products, Inc. has transferred the Gibbons Enclosure, NuArt Lighting and Holcor Specialized Lighting product lines to U.S. Traffic Corporation, based in Santa Fe Springs, California. In addition, the PowerBack™ line of UPS products has been licensed to U.S. Traffic Corporation, which will assume the product line after a specified period. These steps were the result of the recent acquisition of U.S. Traffic Corporation by the Quixote Corporation, located in Chicago, Illinois.
Myers Power Products, Inc. has also acquired all assets of Ryco Electrical Products, a manufacturer of electrical switching gear with facilities in Pomona, California. This transaction is representative of Myers' continuing expansion and development of emergency lighting inverters, frequency converters, electrical service pedestals, and other power-related products manufactured in California and in its corporate headquarters, located in Bethlehem, Pennsylvania.
Myers Power Products, Inc. Corporate Headquarters are located at 725 E. Harrison, Corona, California 92879 and our website is on line at www.myerspowerproducts.com
Contact Diana Grootonk Chief Operating Officer (951) 520-1900 This email address is being protected from spambots. You need JavaScript enabled to view it. |
Contact Tom Rothenberger Executive Vice President (951) 520-1900 This email address is being protected from spambots. You need JavaScript enabled to view it. |