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Based
in Harrow, Hoke International was created as a division
of Hoke Inc to support European distributors and customers
– and grew to a level where up to 50% of Hoke sales
came from outside North and South America.
Hoke International has offered distributors
and customers localized stock, sales support, technical
support, product training and more – helping them
to grow their business too! And the logistic support allowed
many customers to reduce their total cost of doing business
through consolidated shipments and terms on duty payments.
Now these services will be available to more
distributors!
As of 2 January 2001 Hoke International began
trading as CIRCOR Instrumentation Ltd – a separate
legal entity wholly owned by CIRCOR International Inc.
The major change for distributors and customers will be
the addition of the GO and Circle Seal product lines to
the existing Hoke stocks and service capabilities.
CIRCOR Instrumentation Ltd will act as an
umbrella for all the industrial instrumentation product
lines of CIRCOR International. |
The
Harrow facility is now accepting orders for all Circle
Seal Controls, GO and Hoke industrial products.
Local stock, technical support, field sales
support, technical returns, localized marketing programs,
etc, are now available for all instrumentation products.
A Product Specialist has been added to support the GO
products and a second is planned for Circle Seal.
CIRCOR plans to grow through expansion of
global market share, new product development and
acquisitions. As these new companies’ product lines
are made available, CIRCOR Instrumentation will offer
a European base for customer service, stock, field support
and training.
The umbrella also extends over the Hoke
GmbH operation in Germany, although this will continue
to operate as a separate entity. Now a concise and consistent
sales approach can be developed to satisfy the needs
of the market across Europe, the Middle East, Africa,
CIS, India and Pakistan.
This overall integration will help develop
a strong focussed team to support CIRCOR sales throughout
the region.
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| Sales
support for Circle Seal, GO Regulator and Hoke products
at CIRCOR Instrumentation Ltd |
Chris
Toncheff,
Managing Director
chris@circle-seal.com
Norman Yates,
BDM/UK Sales Manager
normany@circle-seal.com
David Cope,
Product Manager
dcope@hoke.co.uk |
Gerald
Vos,
Product Specialist
geraldv@circle-seal.com
Patrick Smyth,
Internal Sales Manager
psmyth@hoke.co.uk
Stephen Holmes,
Internal Sales Engineer
sholmes@hoke.co.uk |
Helga
Mackenzie,
Shipping Supervisor
hmackenz@hoke.co.uk
Telephone
+44 (0)20 8423 0113
except for
David Cope
+44 (0)7850 389832
Gerald Vos
+31 (0)546 657656 |
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| CIRCOR
Year 2000 Results |
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For
the 12 months ended December 2000, diluted earnings per share
including special charges were $0.78, an increase of 6.7%
compared with $0.74 during the same period in 1999, on a pro
forma diluted basis.
Excluding special charges, earnings per diluted
share were $0.87 for the year 2000, an increase of 13.6% over
last year. Revenues for the 12 months were $316.9m, an increase
of 0.7% over 1999 revenues of $314.7m including a negative
1.6% foreign exchange impact. Including special charges, year-to-date
operating income totaled $27.6m, about the same as last year.
Excluding special charges, full year operating income increased
4.2% to $29.5m compared to 1999 on a pro forma basis.
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| CIRCOR
Acquisition |
CIRCOR
International, Inc. has acquired the Rockwood Swendeman product
line of cryogenic safety relief valves and systems serving the
industrial gas market.
CIRCOR’s Chairman and Chief Executive Officer, David A.
Bloss, Sr., said: “The acquisition of the Rockwood Swendeman
product line is a small but exciting addition to our existing
offering of cryogenic products. This well-known, brand-recognized
product line in the cryogenic marketplace will be packaged with
the CPC/Cryolab product line of CIRCOR to augment our current
cryogenic product offering as well as allowing us to expand
our presence in the industrial gas market.” |
| CIRCOR
Shares |
CIRCOR
International, Inc. filed with the US Securities and Exchange
Commission in January to sell 1.35 million common shares. The
Company said it plans to use the proceeds for debt repayment,
acquisitions, investments, working capital and general corporate
purposes.
The underwriters handling the secondary offering are Robert
W. Baird & Co. and ING Barings. After the offering there
will be about 14.6 million shares outstanding in the company,
according to the SEC filing. |
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