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.


 
 

 
LM-AEHF

Ingenuity drives Lockheed’s AEHF program to production milestone early

Lockheed Martin has successfully integrated the propulsion core and payload module for the fourth Advanced Extremely High Frequency (AEHF) satellite nearly five months ahead of schedule. Reaching this critical milestone early a...
 
 

First all-electric propulsion satellites send first on-orbit signals

Two Boeing 702SP (small platform) satellites, the first all-electric propulsion satellites to launch, have sent initial signals from space, marking the first step toward ABS, based in Bermuda, and Eutelsat, based in Paris, being able to provide enhanced communication services to their customers. Whatís more, the satellites were launched as a conjoined stack on a...
 
 

GA-ASI, Sener team to offer Predator B to Spain

General Atomics Aeronautical Systems, Inc. and SENER, a leading Spanish engineering company, announced March 2 that they have signed a teaming agreement that promotes the use of the multi-mission Predator B® RPA to support Spain’s airborne surveillance and reconnaissance requirements.  GAASI is a leading manufacturer of Remotely Piloted Aircraft systems, radars, and electro-optic and relate...
 

 
raytheon-satellite

Raytheon’s ‘Blue Marble’ imaging sensor delivered on schedule

Raytheon has delivered a second Visible Infrared Imaging Radiometer Suite instrument to support the National Oceanic and Atmospheric Administration’s Joint Polar Satellite System mission. The second VIIRS unit will fly ab...
 
 

Airbus says net profit soared in 2014

Airbus says its net profit soared 59 percent last year as a record-high number of jet deliveries helped offset a 551 million euros end-of-year charge against its delayed A400M military transporter program. The European jet maker said Feb. 27 it made a 2.34-billion-euros ($2.62 billion) net profit in 2014, up from 1.47 billion euros in...
 
 

Lockheed Martin Australia to deliver modern, affordable C-130J training solutions to RAAF

The Royal Australian Air Force has awarded Lockheed Martin Australia a contract to supply a modern C-130J-30 Virtual Maintenance Trainer and a Multi-Function Training Aid to support maintenance and aircrew training at RAAF Base Richmond. Through this major upgrade, the RAAF will have a standardized curriculum tailored for its operations and based on decades 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>