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Ceradyne, Inc. Acquires Oil Drilling Bearing Technology.

Publication: Business Wire
Publication Date: 06-JUN-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
COSTA MESA, Calif. -- Ceradyne, Inc. (Nasdaq:CRDN) announced today that it has acquired certain patents and intellectual property covering a proprietary technical ceramic bearing solution for "down hole" oil drilling. This intellectual property was acquired from a privately-owned business located in Greenwich, Rhode Island. The manufacturing of this product will be performed at Ceradyne's Lexington, Kentucky location. A key...

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