Carlisle acquires Chinese brake business

March 1, 2006
Carlisle Motion Control Industries, a subsidiary of Carlisle Companies, has purchased 100% of the heavy-duty brake lining and brake shoe assets of Zhejiang

Carlisle Motion Control Industries, a subsidiary of Carlisle Companies, has purchased 100% of the heavy-duty brake lining and brake shoe assets of Zhejiang Kete, based in Hangzhou, China. Through this acquisition, Carlisle will increase its friction block capacity by more than 40% and add new OE quality brake shoes to its product offering.

This move enables Carlisle to more economically service markets in China, Malaysia, and Australia, as well as supplementing the company's domestic friction capacity to better serve the North American market. The Carlisle Hangzhou facility's quality systems meet the requirements of the QS9000 standard.