B&K Precision Corp. Acquires Majority Ownership of Global Specialties
YORBA LINDA, CA, September 26, 2008 -- B&K Precision Corporation has acquired a majority ownership of Global Specialties LLC, according to Victor Tolan, President of B&K Precision. Mr. Tolan states that, “as a subsidiary of B&K Precision, Global Specialties will utilize B&K’s vast resources to invest in inventory, new products and marketing and to increase Global’s presence in foreign markets.”
Global Specialties has retained Eric Blauvelt as its President, and Frank Menichello as its National Sales Manager. All products will be shipped from B&K’s facility in California, while marketing, sales and product development activities will be handled by Global’s main office in Connecticut.
B&K Precision of Yorba Linda, CA, is a multi-national company founded in 1951, and is a leading supplier of high quality, cost effective electronic test and measurement instruments. Global Specialties of Wallingford, CT, is a market leader in high-performance electronic prototyping and design products, founded in 1973. Global’s Proto-Board® branded prototyping boards and design trainers are the benchmark for reliability, durability and long-life in the education and R&D markets.
Victor Tolan, President
B&K Precision Corporation
Eric Blauvelt, President
Global Specialties LLC
About B&K Precision
For more than 60 years, B&K Precision Corporation has been building a reputation for excellence in the design and manufacture of reliable and cost-effective test and measurement instruments. The company’s products are used in a wide range of applications including design, research and development, production line testing, industrial maintenance, and electronic field service. B&K Precision test and measurement instruments are standard equipment in a large number of universities and technical schools which train future engineers and technicians. B&K Precision was founded in 1951 and is headquartered in Yorba Linda, California.