Curtiss-Wright Acquires Nu-Torque

Monday, January 26, 2009

Curtiss-Wright Corporation (NYSE:CW) has acquired substantially all of the assets of Nu-Torque, a designer and manufacturer of electric and hydraulic valve actuation and control devices primarily for U.S. Navy ships. The business will become part of Curtiss-Wright's Flow Control segment.

Curtiss-Wright Chairman and CEO Martin R. Benante said, "Nu-Torque also provides the opportunity to expand our presence in the U.S. Navy market, strengthens our system integration capability and enhances the expansion into international niche markets."

Nu-Torque was founded in 1980 and acquired in 2002 by Tyco Flow Control, a unit of Tyco International Ltd. With annual sales of approximately $8m, typical applications for the Nu-Torque products are for valve automation of shipboard fluid systems, such as fire main, ballast and various safety systems on numerous categories of Navy combatant ships. Nu-Torque is located in Redmond, WA and has 37 employees.

(www.curtisswright.com)

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Info-X Invests in $5m Headquarter Expansion

Transportation solutions provider capitalizes on outsourcing trend Info-X Software Technology, provider of software solutions and back-office support to U.S.

Daihatsu Joins ClassNK Research Project

Classification society ClassNK announced that it will embark on a joint research project together with Daihatsu Diesel Mfg. Co., Ltd. Through the partnership, ClassNK

Ecospeed Fuel and Cost Saving Solutions at SMM

Ecospeed announced it will exhibit its line of fuel and cost saving solutions at SMM in Hamburg. Ecospeed and fuel savings Routine in-water cleaning results

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0935 sec (11 req/sec)