Turnkey Products News

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, is launching a 45,000-square-foot training and service center campus in Chesapeake, Va. The defense contractor will move its existing service center from Norfolk, Va., to the Chesapeake campus to add a state-of-the-art training facility and further expand advanced service support for its customers. The move represents a $13 million investment in the community.“We are excited to have Fairbanks Morse Defense as the newest member of our business community,” said Rick West, Mayor of Chesapeake.

Prysmian Group, world leader in the energy and telecom cable systems industry, announces the successful commissioning of the inter-array cable system for the Wikinger offshore wind farm, located within the West of Adlergrund cluster in the German Baltic Sea.According to a press release, Prysmian secured this project in February 2015 with a contract awarded by Iberdrola, the world-leading renewable energy developer and operator.“This important project marks a further significant milestone for the Group, being one of the first large category offshore wind farms where the Group has been responsible for the full inter-array ‘turnkey’ supply and installation contract…