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2000 Press Release
COBRO Corp Acquired by Westar
August 1, 2000, St. Louis, MO -- Westar Corporation is proud to announce the closing of its acquisition of COBRO Corporation and is pleased to welcome the employees and management of COBRO to its firm.
COBRO is a logistics services firm with $15,000,000 in sales, and employs 250 professionals in St. Louis, MO, Huntsville, AL, Aberdeen, MD, Ft. Rucker, AL, Ft. Campbell, KY, and numerous other domestic and overseas locations.
According to Robert Topping, Westar's Vice President and COO, "COBRO enjoys an enviable position as one of the leading logistics companies supporting the U.S. Army. This transaction will extend the reach of Westar's rapidly growing Aerospace and Defense Group and give Westar a very solid footing to offer a broader range of services throughout the world."
"Westar clearly recognizes the value we've built in COBRO," said Jim Marsh, Vice President and COO of COBRO. "Westar has very capable systems engineering, software, and electronics industry businesses. With the addition of logistics to its capabilities, this acquisition creates dramatic new opportunities for the employees and customers of both companies."
Founded in 1986, Westar Corporation is a privately held, diversified technology company providing engineering services and specialty products through its Aerospace and Defense Group, and specialized electronics and test systems to the flat information display industry both in the U.S. and abroad.
Westar Corporation itself employs nearly 200 engineers, software developers, and other professionals at offices in Huntsville, AL, St. Louis, MO, and Albuquerque, NM.