PT Group Acquires SP Gears

Marinelink.com
Wednesday, May 01, 2013

The PT Group, headed by Chris Oswald, announced the acquisition of SP Gears, a British specialist gear manufacturer, based in Orpington, Kent.

The company, which was established in 1916, has an international reputation for its excellent quality and fast response to customer needs. Now under the guidance of MD Greg Jenkins, SP Gears provides products for clients across the valve, nuclear, rail, marine and automotive industries. As part of its impressive quality standards, SP Gears has nuclear accreditation, enabling it to service customers in the nuclear new build and refurbishment sectors.

The Precision Technology Group specializes in creating innovative technology for motion with manufacturing, service and supply businesses located in the USA, Great Britain and Australia. With the acquisition of SP Gears, the PT Group now comprises four companies; Precision Technology USA Inc, manufacturer and supplier of industrial and defense high performance electro-mechanical actuators; Hypac Pty Ltd, an Australian manufacturer of hydraulics systems used in marine applications, including a unique range of light weight deck machinery for fast commercial and leisure vessels, and of presses used in wine production and other commercial applications; and Seaway Powell Marine Ltd, the British-based designer and manufacturer hydraulic equipment and deck gear for sailboats, powerboats, superyachts and commercial craft. 
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Costa Concordia Captain's Sentence Upheld

The prison sentence against the former captain of the Costa Concordia cruise liner for his role in the deadly 2012 shipwreck was upheld on Tuesday by an Italian court.

Partners Target Improved Maritime Efficiency

On May 25, 2016, The University of the West Indies Arthur Lok Jack Graduate School of Business (UWI-ALJGSB) together with the Trinidad and Tobago Shipbuilding &

MSHS Group President Recognized for Safety Leadership

Signal Mutual Indemnity Association, a self-insured group provider of Longshore benefits, presented MSHS President Are Friesecke with the Francis R. Sharp Executive

Marine Equipment

Damen Delivers Floating Pump Station to Hamburg

Hamburg Port Authority (HPA) has taken delivery of the Sauger III, a custom floating pump station by Damen Shipyards Group for supporting dredging operations. Situated

Strategic Marine Building Luxury Crewboat

Strategic Marine announced the kick-off of its first collaboration with PT. Pelayaran Tanjung Kumawa, expecting to deliver an exclusive luxury crewboat in November this year.

Harding Sold to Palfinger

The PALFINGER Group has signed today the acquisition of 100 per cent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group.

Mergers & Acquisitions

KTB Joins the KPI Bridge Oil Group

KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has announced that KTB will become a member of the KPI Bridge Oil Group as of June 1, 2016.

Striking Port Workers Protest Greek Port Sales

Greek port workers walked off the job for a sixth day on Tuesday and marched through central Athens to protest the state-sanctioned selloff of the country's two largest ports,

Strategic Marine Building Luxury Crewboat

Strategic Marine announced the kick-off of its first collaboration with PT. Pelayaran Tanjung Kumawa, expecting to deliver an exclusive luxury crewboat in November this year.

 
 
Maritime Contracts Maritime Security Navigation Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0963 sec (10 req/sec)