SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VSE Corp (VSEC)--turnaround is about complete
VSEC 181.26+0.3%Nov 3 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Lee who started this subject5/24/2001 3:07:48 PM
From: Paul Lee   of 97
 
VSE Forms Alliance With Mobile Climate Control; Team to Provide Environmental Control Systems to the Military


ALEXANDRIA, Va., and UTICA, N.Y., May 24 /PRNewswire/ -- VSE Corporation (VSE) and Mobile Climate Control Corporation (MCC) announced a strategic alliance today to provide environmental control systems to the military. VSE (Nasdaq: VSEC) is an established provider of engineering and technical support services, primarily to agencies of the U.S. Department of Defense. MCC is the U.S. subsidiary of Mobile Climate Control Industries Inc. of Toronto, Canada (Toronto: MCC), world-class designers and manufacturers of vehicle heating, ventilation, and air conditioning (HVAC) systems.

As a team, the alliance will support U.S. military requirements for ground support equipment (heaters, air conditioners, and power generators); vehicle heating, ventilation, and air conditioning systems; surface ship and submarine requirements for heating and air conditioning systems; system integration process controls and compressor systems for military applications.

VSE President and Chief Operating Officer Jim Todd said, "We are excited about the opportunity to work with MCC to provide and support environmental control systems for the military. We have extensive experience in supporting U.S. military vehicles, and our alliance will give our customers access to innovative and reliable systems and products which are designed, manufactured, and supported to exacting international quality standards, such as ISO 9001:2000."

MCC Military Division President Piyoosh Jha said, "The complementary capabilities of VSE and MCC strategically position the team in the military environmental control systems market. Our corporate cultures are an excellent match and our combined resources give us a unique capability to respond to the needs of U.S. Defense procurement community."

Congressman Sherwood Boehlert, who represents the 23rd District of New York, which includes Utica, commented that, "I am pleased that this partnership has been formed by these companies. They will be able to offer the Department of Defense state-of-the-art solutions to their Environmental Control Unit (ECU) requirements which will be manufactured at MCC's new and modern facility in Utica."

VSE provides diversified services and products to the engineering, energy, environment, information technology, postal, and defense services markets. VSE's principal customers are agencies of the U.S. Government and other government prime contractors. The company has about 600 employees and provides services and products from about 15 locations across the United States and around the world.

MCC is a leading global supplier of technologically advanced heating, ventilation, and air conditioning (HVAC) systems for the off-road, mass transit, and military markets.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext