|
|
|
Posted: 5:30 PM Jul 3, 2008
3M acquires Ardmore’s Imtec Corp.
CARTER COUNTY, OK -- After reports in May that the 3M Corporation was interested in buying Imtec of Ardmore, the deal was officially completed this week. Robin Beal reports.
Reporter: Robin BealEmail Address: robin.beal@kxii.com |
|
CARTER COUNTY, Okla. -- After reports in May that the 3M Corporation was interested in buying Imtec of Ardmore, the deal was officially completed this week.
It is no secret that the top brass at 3M had been eyeing the unimposing one-story building on North Commerce Street in Ardmore that is Imtec, and we knew that Imtec management did sign a tentative agreement to sell out. As of Wednesday, that transaction is complete.
The signage appears to be in a state of transition, and civic leaders are very excited about this latest corporate presence in Ardmore. They say the future of a homegrown business turned world leader in dental implants and scanning technology is assured.
Imtec officials say the two companies are a natural fit.
"It's my understanding that 3M has been growing its health care division quite rapidly in recent years, so I think that this acquisition of Imtec is a complimentary part to that business plan to really emphasize and focus on growth in the health care sector," Imtec spokesman Derrick Harvey said.
Imtec specifically deals with orthodontics and scanning technology.
While company executives are not releasing details of the sale, such as the price tag on this whole deal, they are saying that the Ardmore facility will remain in place, that it will be business as usual, and even say expansions are possible down the road.
| AP Video on KXII |
|
|
| In The Community | |
Texoma group spends Spring Break helping others
Last Updated: 4:38 PM 03/16/10 - DENISON, TX--A local non-profit organization is giving back to the community by helping those in need improve their homes. It's called “Project Crosswalk.” (Full Story) |
|
|
Seeds of Hope Luncheon
Last Updated: 8:00 AM 03/16/10 - Its time for the Annual Seeds of Hope Luncheon to benefit the Crisis Center. (Full Story) |
|
|
GCC receives $675,000 grant
Last Updated: 5:56 PM 03/12/10 - DENISON, TX - Grayson County College received a large grant today that will provide training for jobs at local businesses. The college's Center for Workplace Learning was notified it would be given more than $600,000 in a Skills Development Fund grant from the Texas Workforce Commission. (Full Story) |
|
|
Volunteers needed to read to Denison kids
Last Updated: 2:59 PM 03/09/10 - DENISON, TX--It's Texas Public School week and Denison I-S-D needs volunteer readers As soon as possible for this week's Star Reader Program. On Tuesday, (Full Story) |
|
|
Tom Bean police officer honored for heroism
Last Updated: 5:59 PM 03/08/10 - TOM BEAN, TX - Tom Bean Police Officer Larry Rittenhouse was named the Hero of the Year at the city council meeting Monday night in Tom Bean. (Full Story) |
|
| More Headlines | |
| Most Discussed Stories |
| Achille mayor arrested for embezzlement 148 Comments |
| Racial slur appears in Saint Jo publication 128 Comments |
| Boy threatens students with knife on school bus 69 Comments |
| Durant Police nab suspect with 58 lbs. of pot 57 Comments |
| 20 dead animals found, others seized from shelter 50 Comments |
| 2 arrested in Atoka shooting 49 Comments |
