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LOUISVILLE, Ky. - Sypris Solutions Inc. announced that its subsidiary, Bell Technologies Inc., signed a contract to purchase the Calibration and Repair Service business of Lucent Technologies. This purchase, expected to close by the end of last year, will combine the mobile calibration service operations of Lucent with the calibration and repair operations of Bell. The Lucent organization services its customers from field offices in Union, N.J., and Franklin, Tenn., as well as from 15 mobile calibration labs used to service remote locations throughout the United States.
"We are very pleased to have the opportunity to add the excellent technical capabilities and high-quality customer base of Lucent`s operation with those of our own service business," said H.L. Singer, president and CEO of Bell.