Website extech.com | Type Corporation | |
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Industry Test Equipment and Portable Printers Headquarters Massachusetts, United States Founded 1971, Waltham, Massachusetts, United States Profiles | ||
Extech Instruments is a full-line supplier of handheld electronic measuring equipment, other handheld measuring instruments, and portable printers. Extech is based in Nashua, New Hampshire and was founded in 1971, now employing more than 80 people with gross revenues in 2004 of US$27 million. Extech also has facilities in Hong Kong and Taiwan.
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Extech instruments tough tools tough budget
Divisions
Extech Instruments has two divisions:
Extech Instruments's handheld test instruments are sold through a network of national catalog houses, regional stocking distributors and international distributors. In addition to its US headquarters, Extech operates two design, manufacturing and warehousing facilities in Taiwan and Hong Kong and has a sales office in Shanghai, China. For the year ending Dec. 31, 2006, Extech reported revenue of $39.2 million.
FLIR Systems announced in October 2007, it will acquire the stock of Extech Instruments Corp., a private supplier of test and measurement equipment and portable receipt printers based in Waltham, Mass., for $40 million cash. Flir said the move will expand its access to distribution channels for its thermography products and provide access to low-cost manufacturing in Asia. The transaction, subject to standard closing conditions, is expected to close in the fourth quarter and to be neutral to earnings in 2008 and accretive in subsequent years.