PT Group Acquires SP Gears
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 September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

New Jersey Transportation Chief to Resign

New Jersey Governor Chris Christie on Friday said his transportation commissioner Jamie Fox would step down by the end of the month to return to the private sector after only a year in the position.

Eletrobras says Compensation for Hydro Plants Could be $330 mln

Brazil's state-run utility Eletrobras said on Friday a report into six hydroelectric plants found the assets had a remaining value of 1.3 billion reais ($332

Brazil Court Allows Lula Questioning in Petrobras Corruption Case

Brazil's Supreme Court authorized the questioning by Federal Police of ex-President Luiz Inácio Lula da Silva as a witness in a broadening corruption case focused

Marine Equipment

Vehicle Aboard Charleviox Ferry Catches Fire

The crew of U.S. Coast Guard Station Charlevoix and Boyne City, Michigan, Fire Department responded to a fire aboard a Charlevoix ferry Friday afternoon on Lake Charlevoix.

MN 100: FloScan Instruments, Inc.

The Company: FloScan is a Seattle-based corporation that designs and manufactures its products in the United States. With worldwide sales at an all-time high,

Marine Sanitary Devices: Size Matters

When it comes to marine sewage, it pays to measure. It turns out that the physical size of the equipment itself is not your only worry. Marine Sanitation Devices:

Mergers & Acquisitions

PG Flow Solutions Acquires Calder

PG Flow Solutions AS (PG), majority owned by Norvestor VI, L.P. has acquired 100 percent of the shares in the U.K. high-pressure pumping specialist Calder ltd.   Calder’s founder and chairman,

APM TEC2 Receives Cranes

The first three of the world’s largest and most technologically advanced Ship-to-Shore (STS) container cranes and two rail mounted cranes for the intermodal rail

AEP to Sell AEP River Ops To ACL

American Electric Power (AEP) has signed an agreement to sell its commercial barge transportation subsidiary, AEP River Operations LLC, to American Commercial Lines (ACL),

Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair 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: 0.2466 sec (4 req/sec)