SLAC completes purchase of OKL assets
SLAC has announced that it has completed the purchase of the assets of the previous OKL company and will begin trading immediately as OKL Engineering Incorporated from the same location in Cincinnati, Ohio.
The assets assumed by OKL Engineering Inc. include all the equipment, work in progress, intellectual property, technical drawings, and receivables of the previous company, and the rights to use the OKL brand name. Senior managers from SLAC were on-site in Cincinnati last week to oversee a rapid and smooth resumption of OKL’s previous activities and have engaged the majority of the previous work force and management staff.
Shu An, the chairman and CEO of the parent company Suzhou SLAC Precision Equipment, says “This acquisition further expands our knowledge base in DWI manufacturing and provides engineering expertise and technical support for our customers in the Americas. We are proud to acquire this iconic industry brand and intend to develop it within the SLAC group of companies to provide ever stronger equipment solutions to our customers, worldwide.”