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.


 
 

 
NG-people2

Northrop Grumman names VP, mission assurance for Electronic Systems sector

Northrop Grumman has appointed Sonal B. Deshpande vice president of mission assurance for the company’s Linthicum-based Electronic Systems sector. In this position, Deshpande is responsible for mission assurance across th...
 
 
sikorsky-raider

Sikorsky S-97 Raider helicopter achieves successful first flight

Sikorsky Aircraft Corp., a United Technologies Corp. subsidiary, announced May 22 the successful first flight of the S-97 Raider™ helicopter, a rigid coaxial rotor prototype designed to demonstrate a game-changing combination...
 
 
NG-people

Northrop Grumman appoints VP, program manager ISR division

Northrop Grumman announced it has appointed Steve Lunny, vice president and program manager for the intelligence, surveillance and reconnaissance division within the company’s Information Systems sector. Lunny will report...
 

 

HELLADS laser completes development

General Atomics Aeronautical Systems, Inc. announced May 21 that the High-Energy Liquid Laser completed the U.S. government acceptance test procedure and is now being shipped to the White Sands Missile Range, N.M. At WSMR, the laser will undergo an extensive series of live fire tests against a number of military targets.  GAASI is a leading...
 
 
boeing-transaero

Boeing delivers Transaero’s first Next-Generation 737-800

Boeing May 22 delivered Transaero’s first Next-Generation 737-800. The airplane, sporting a new livery, arrived at Moscow’s Domodedovo Airport. Boeing May 22 delivered Transaero’s first Next-Generation 737-800. The airpla...
 
 
Boeing photograph

Boeing-upgraded French AWACS take flight

Boeing photograph A French AWACS aircraft patrols the skies as part of a routine mission. The French AWACS fleet is in the midst of the Mid-Life Upgrade that modernizes the capabilities on board. Initial operating capability of...
 




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>