Eldec Corporation And Dunlop Limited Form Joint Venture Company

Eldec Corporation, based in Lynnwood, Wash., and Dunlop Limited of England have completed formation of Dunlop-Eldec Electronics, Ltd., a new joint venture company that will operate out of Coventry, England.

The company will design and manufacture electronic equipment and systems for commercial and military aerospace, military groundbased, marine and other high performance markets.

During the start-up phase, Dunlop- Eldec Electronics will manufacture some of the already existing electronics products of Dunlop Aviation, a division of Dunlop, and Eldec. A primary mission of the new company will be to develop new markets and products that benefit from the synergism of both companies' markets and products.

Dunlop Aviation is a leader in aircraft brake control systems, deicing systems and turret position control systems for fighting vehicles. Eldec is an expert in electronic sensing, control and monitoring systems, and power conversion equipment for aerospace and defense.

"The new company will benefit both parent companies," Max Gellert, Eldec CEO, said. "For Eldec, a European base is important in gaining better market access and increased participation on European aerospace and defense programs. In turn, Dunlop will benefit from our advanced electronics technology and manufacturing know-how." Mr. Gellert added, "The joint venture expands the capabilities of both companies, and we expect to be better positioned to take part in the emerging industry trend toward integrated systems." For further information and free literature, C i r c l e 5 3 on Reader Service Card

Maritime Reporter Magazine, page 34, Mar 1989

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.