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.


 
 

 
DOD photograph by Air Force MSgt. Adrian Cadiz

Carter announces manufacturing initiative to aid war fighters

DOD photograph by Air Force MSgt. Adrian Cadiz Defense Secretary Ash Carter announces the creation of a National Manufacturing Innovation Institute to produce hybrid electronics during a speech at the National Full Scale Aerody...
 
 

U.S. Army awards CIRCM contract to Northrop Grumman

The U.S. Army Aug. 28 awarded Northrop Grumman a $35,372,762 cost-plus-fixed-fee, fixed-price incentive, and firm-fixed-price hybrid contract with options for engineering and manufacturing development and low-rate initial production of the Common Infrared Countermeasure program. Work will be performed at Northrop Grumman’s Land & Self Protection Systems Division facility in Rolling Me...
 
 

Northrop Grumman awarded position on Air Force training systems acquisition III contract

The U.S. Air Force has awarded Northrop Grumman a position on the Training Systems Acquisition III indefinite delivery/indefinite quantity contract to support war fighter training systems at global U.S. Air Force operating locations. Twelve companies have been awarded positions on TSA III, which has a ceiling value of approximately $20.9 billion over 10 years, if...
 

 
Navy photograph

Raytheon and U.S. Navy collaborate to optimize minehunting sonar

Navy photograph The Remote Minehunting System and AN/AQS-20A Minehunting Sonar on USS Independence. Raytheon is working closely with the Naval Undersea Warfare Center — Division Newport to enhance the features of the comp...
 
 

Boston Engineering receives Air Force contract to advance UAV motor control capabilities

Boston Engineering today announced a $150,000 contract from the U.S. Air Force to enhance its UAV capabilities and to also reduce drone noise. Specifically, Boston Engineering will demonstrate an embedded motor control platform to accelerate U.S. Air Force UAV research and development initiatives. Embedded motor controllers underpin critical UAV operations including drone propulsion and sensors...
 
 

Boeing receives $1.49 billion contract for 13 P-8A Poseidon ircraft

Boeing will provide the first P-8A Poseidon maritime surveillance aircraft for Australia and additional P-8As for the U.S. Navy following a $1.49 billion contract award from the Navy for 13 aircraft. The order includes nine aircraft for the U.S. Navy and four Poseidon aircraft for the Royal Australian Air Force, a long-time partner to the...
 




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=""> <s> <strike> <strong>