Carlisle Cos. Wraps Tri-Star Electronics Purchase

CHARLOTTE, N.C. (AP) â¿¿ Carlisle Companies Inc. said Friday that it has completed the acquisition of Tri-Star Electronics International Inc.

Tri-Star is a supplier of electronic components for applications used in the commercial aerospace, defense and industrial sectors.

Carlisle, which announced the $285 million cash deal last month, has said it expects the acquisition will add to its earnings in the first year.

Carlisle, based in Charlotte, N.C., has 11,000 employees worldwide and sells materials used in commercial roofing, agriculture, health care, mining and other industries.

Shares slipped 4 cents to close Friday at $43.74.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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