Business

April 10, 2013

Element Materials Technology acquires Sherry Laboratories to become largest U.S. aerospace materials testing company

Element Material Technology has acquired Sherry Laboratories, one of the largest independent materials testing businesses in the United States.

This significant transaction will add nearly 300 specialized staff and 10 facilities to Elementís existing network of 30 laboratories, making Element Americaís largest dedicated aerospace materials testing company.

The acquisition reinforces Elementís core growth objective, which is to provide an unrivalled materials testing service focused specifically on the aerospace, oil and gas, transportation, and power generation sectors.

Sherry, headquartered in Daleville, Ind., provides a broad range of testing services to the aerospace, oil and gas, and power generation industries. The 66-year-old company has laboratories supporting more than 6,000 clients throughout Ohio, Indiana, Oklahoma and Louisiana.

Sherry Laboratories has a great reputation and first class testing facilities, but the company’s most valuable asset is its people, said Charles Noall, president and CEO of Element Materials Technology. This acquisition is a superb fit for Element and we are very much looking forward to bringing Sherryís numerous engineers, scientists and technicians on board to join forces with our own engaged experts.

Sherry’s Nadcap accredited facilities have also been approved by aerospace primes including Boeing, Rolls-Royce, Honeywell, Bombardier and GE Aviation, which further adds to Elementís own prime approvals held across a wide range of laboratories.

Commenting on the transaction, Chris LaMothe, CEO of Sherry Laboratories, said We are delighted that we have been able to join forces with Element. This deal will enable Sherry to offer its customers an even broader range of testing services and capabilities, and we look forward to playing a critical role in the continued success of the Element Group.

This latest deal by Element follows a number of significant acquisitions in the last fifteen months, including MAR-TEST of Cincinnati, Ohio, Detroit Testing Laboratories of Warren, Michigan, and UK-based polymer engineering and testing specialists MERL.

We have had valuable integration experience with a number of high quality acquisitions as part of the Elementís continued growth strategy, so it will be very much ëbusiness as usualí for everyone concerned going forward,î said Noall. ìThis transaction further broadens the range of capabilities that Element offers its clients and puts our company at the heart of the materials testing industry in the USA, marking the next stage in our continued drive to become the largest global materials testing services provider.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines July 25, 2014

News: VA reform bills stalled by partisan bickering - Plans for a comprehensive Veterans Affairs Department reform bill that appeared all but finished a month ago devolved into partisan bickering and funding fights July 24, casting doubt on the future of a deal.   Business: Airbus, Boeing, Lockheed announce bids on Danish fighter competition; Saab withdraws -...
 
 

News Briefs July 25, 2014

Marines investigate corporal who vanished in Iraq U.S. Marine Corp officers are launching a formal investigation into whether a Lebanese-American Marine deserted his unit in Iraq or later after returning to the United States. A spokesman for the 2nd Marine Expeditionary Force at Camp Lejeune said July 24 that Cpl. Wassef Ali Hassoun is being...
 
 
Air Force photograph by A1C Erin OíShea

U.S. Forces display military might at Farnborough

Air Force photograph by A1C Erin O’Shea Capt. Tom Meyers discusses the F-15E Strike Eagle’s capabilities with spectators July 17, 2014, at the Farnborough International Airshow in England. Public access was granted ...
 

 
raptors4

Raptors, Falcons fuel up in desert skies

Three U.S. Air Force F-22 Raptors assigned to the 325th Fighter Wing, Tyndall Air Force Base, Fla., fly alongside a KC-135 Stratotanker assigned to the 93rd Air Refueling Squadron, Fairchild AFB, Wash., during Red Flag 14-3, Ju...
 
 
lm-kmax

Lockheed Martin’s unmanned cargo helicopter team returns from deployment

After lifting more than 4.5 million pounds of cargo and conducting thousands of delivery missions for the U.S. Marine Corps, the Lockheed Martin and Kaman Aerospace Corporation K-MAX cargo unmanned aircraft system has returned ...
 
 
Air Force photograph by A1C Thomas Spangler

Sun sets on Red Flag 14-3

Air Force photograph by A1C Thomas Spangler The sun sets behind a row of F-16 Fighting Falcons during Red Flag 14-3, July 16, 2014, at Nellis Air Force Base, Nev. Red Flag provides a series of intense air-to-air combat scenario...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>