NDT.net August 2004, Vol. 9 No.08

GE Inspection Technologies Completes Acquisition of Hocking NDT

Cologne, Germany – August 2, 2004 - GE Inspection Technologies, a division of GE Transportation, has completed its acquisition of Hocking NDT Limited (Hocking), after receipt of all required regulatory approvals. The transaction, terms of which were not disclosed, was completed on July 31, 2004.

Hocking, located in St. Albans, England, is recognized internationally as an innovative designer of high-quality eddy current products, ranging from hand-held instruments and probes to small systems. Its products are used in the aerospace, rail, oil and gas, automotive and metal manufacturing industries. Additional information about Hocking can be found at www.hocking.com.

"We are very excited about this opportunity," said Chris Hocking, Managing Director of Hocking. "The acquisition of Hocking by GE Inspection Technologies brings together two companies focused on improving the businesses of our customers. Hocking's eddy current products complement GE Inspection Technologies’ industrial radiography and ultrasound capabilities. Hocking and its eddy current expertise allow GE Inspection Technologies to quickly solve its customers’ NDT application problems.”

"The acquisition of Hocking is strategic to GE Inspection Technologies," said Jeff Nagel, President of GE Inspection Technologies. “It allows us to offer our customers additional inspection technologies and equipment to help them improve their manufacturing and repair productivity as well as the predictive maintenance capabilities of their field assets. GE has a strong history in the development and application of eddy current and other non-destructive testing technology and equipment to support its businesses. The purchase of Hocking provides GE with an eddy current platform from which to bring this eddy current array, pulsed eddy current and other NDT technology to customers worldwide."

GE Inspection Technologies is a global leader in technology driven inspection solutions that deliver customer productivity, quality, and safety. The company designs, manufactures and services radiographic, ultrasound and eddy current equipment to test materials without deforming or damaging them. Its products are used in a wide range of industries, including aerospace, energy, chemical/petrochemical and automotive. GE Inspection Technologies is headquartered in Huerth, Germany. More information can be found at www.GEInspectionTechnologies.com.

Contact:

Dirk Snauwaert
Manager, Global Communications
GE Inspection Technologies, GmbH
Tel: +1.513.552.4683
Dirk.Snauwaert@ae.ge.com


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