| Ebara International Corporation Completes Purchase of Hood Machine Incorporated (HMI) |
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FOR IMMEDIATE RELEASE
Contact: Rachel Clerico EBARA INTERNATIONAL CORPORATION COMPLETES PURCHASE OF HOOD MACHINE INCORPORATED (HMI) Sparks Nevada, USA 2/1/2009 Ebara International Corporation (EIC) announces the purchase of Hood Machine Incorporated (HMI). This sale is not an acquisition or a merger. It is a change in ownership for which the existing company including the management team will remain intact while allowing the founder, Mr. Hood, to pursue other interests. HMI has been a primary supplier to EIC and its Customers for over 20 years, providing superior machined components and ASME Code certified weldments. Under the new ownership the name of the company will change to Hood-EIC, LLC. The transaction was completed effective as of February 1 of 2009.
Ebara Cryodynamics is proud to be recognized as the foremost producer of submersible pumps and turbine expanders for the ever - growing LNG and liquefied gas industries. Recently exceeding 5000 units installed aboard LNG Carriers and land based installations, Ebara is represented at the vast majority of LNG operations in liquefaction, marine transport and re-gasification applications. www.ebaraintl.com
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If you would more information about this topic or about Ebara International in General, please call +1-775-356-2796 and request to speak with Rachel Clerico (Marketing Dept.).
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