Rietschle Thomas will incorporate the Ruey Chaang side channel blower range into its UK product portfolio, following the acquisition of certain assets of Ruey Chaang Electric Company Ltd by Thomas Industries Inc. Based in Taipei, Taiwan, the Ruey Chaang side channel blower business had 34 employees and sales of approximately $9,000,000 (£5,000,000) in 2004.
"This acquisition provides us with the capability to produce a high quality, low-cost side channel blower,” said Timothy C. Brown, chairman, president and CEO of Thomas Industries Inc. "It will enhance our Asian presence, and open up further opportunities for growth through the Rietschle Thomas global distribution network,” he added.
Ruey Chaang's side channel blower business will be merged with the company's Rietschle Thomas Taiwan operation.
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