Alcon Invests In Pro-System, Creates Expansion Capabilities In North America
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UK-based brakes and clutches specialist Alcon has announced the recent completion of the first stage of an investment program in US brake specialists Pro-System Inc.
Alcon will take a substantial stake in the well-known North Carolina-based brake system components manufacturer Pro-System Inc., which will pave the way to a considerable expansion of both Alcon’s and Pro-System’s business in the US.
“The Pro-System team has remarkable talents which we aim to nurture and build upon. Alcon has been enjoying significant strategic growth in recent years in the USA and the acceleration that this investment represents gives a real opportunity to us,” Alcon’s US President Phil Stubbs said. “Growth in the NASCAR market will doubtless come with Pro-System becoming the exclusive Alcon distributor adding to their portfolio of top-of-the-line products.”
Alcon will take a substantial stake in the well-known North Carolina-based brake system components manufacturer Pro-System Inc., which will pave the way to a considerable expansion of both Alcon’s and Pro-System’s business in the US.
“The Pro-System team has remarkable talents which we aim to nurture and build upon. Alcon has been enjoying significant strategic growth in recent years in the USA and the acceleration that this investment represents gives a real opportunity to us,” Alcon’s US President Phil Stubbs said. “Growth in the NASCAR market will doubtless come with Pro-System becoming the exclusive Alcon distributor adding to their portfolio of top-of-the-line products.”