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Ammo maker pops EU peer.
- Article from:
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Business Press (San Bernardino, CA)
- Article date:
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April 10, 2006
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Copyright informationCOPYRIGHT 2006 The Business Press. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Darla Martin Tucker
Apr. 10--A Coachella company that makes ammunition components may add employees to help oversee the operations of a British arms maker acquired for $59 million.
"It's too soon to say. If we did add any it would be minimal," and the positions would be administrative, said Paul Heidenreich, vice president of domestic marketing and business services for Esterline Defense Group in Coachella.
The group's parent company, Esterline Technologies Corp. in Bellevue, Wash., acquired Wallop Defence Systems Ltd. from Cobham plc for $59 million cash plus a contingency for future performance, a March 27 release said. Both companies are in Wimborne, ...
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