Tecumseh Products Company Announces Acquisition of MDSI
TECUMSEH, Mich., April 17 /PRNewswire-FirstCall/ -- Tecumseh Products Company (Nasdaq: TECUA, TECUB) today announced the acquisition of the assets of Manufacturing Data Systems, Inc. (MDSI), including the MDSI name. MDSI will operate as a subsidiary of Tecumseh Products.
Manufacturing Data Systems, Inc. supplies Internet-enabled, open-
architecture software motion control applications that increase manufacturing
flexibility and enable agile manufacturing for the Computer Numerical Control
(CNC) and General Motion Control (GMC) markets. Unlike traditional hardware
or proprietary-based motion controls, MDSI's OpenCNC(R) software CNC uses no
proprietary hardware or motion control cards. For more information, visit
MDSI's web site at http://www.mdsi2.com .
According to Todd W. Herrick, President and CEO of Tecumseh Products
Company, "Tecumseh Products was one of the early pioneers to work with MDSI's
software and we identified a strategic advantage to having MDSI's OpenCNC(R)
open-architecture software CNC. OpenCNC enables machine tools and factories
to communicate globally through web-based software and allows Tecumseh
Products and the MDSI customer-base to have real-time control of the factory
floor. We look forward to the business opportunities made possible by MDSI's
unique technology, both in our own plants and to existing and future MDSI
customers."
Tecumseh Products Company is a full-line independent global manufacturer
of hermetic compressors for air conditioning and refrigeration products,
gasoline engines and power train products for lawn and garden applications,
and a diversified line of pumps. For more information, visit Tecumseh
Products Company's web site at
Source: Tecumseh Products Company LLC