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 Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MN 100: Gencorp Insurance Group

The Company: Gencorp Insurance Group provides the Insurance and Surety needs of Marine Contractors, Vessel Operators and Shipyards throughout the country and Caribbean.

MN 100: Bordelon Marine

The Company: Founded in 1979, Bordelon Marine is a leading provider of Marine Transportation services operating in the Gulf of Mexico and around the world. The

MN 100: Bouchard Transportation

The Company: Bouchard Transportation’s history dates back to its incorporation in 1918 by founder, Capt. Fred Bouchard, the youngest tugboat captain in the Port of New York.

Marine Equipment

MN 100: ContainerTug B.V.

The Company: ContainerTug B.V. is a specialized Dutch naval design engineering and construction company with a strong focus on developing workboats and the evaluation

Exhaust Gas Scrubber Guide Updated

An updated version of the “Exhaust Gas Cleaning Systems Selection Guide” is now available, the U.S. Maritime Administration (MARAD) announced today.   Developed

NASSCO Invests in Facilities, Equipment and People

General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via  modular shipbuilding, including:

Mergers & Acquisitions

IRS Opens Office in Abu Dhabi

Indian Register of Shipping (IRClass), a leading Classification Society, today announced it has opened offices in Abu Dhabi. Abu Dhabi is the second office

CFSAI Shifts to New Office in New Mumbai

Container Freight Station Association of India (CFSAI) has set up a full-fledged Secretariat and moved to its new office at “Anchorage Building” in Dronagiri  Node on 26th August 2015.

Hapag-Lloyd Continues on Path for Profits

Merger with CSAV is expected to deliver $100 million higher synergies than targeted, strong operating results, significant increases in transport volume and revenue

 
 
Maritime Standards Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.4893 sec (2 req/sec)