Fairbanks Morse Defense (FMD), a portfolio firm of Arcline Investment Management, has acquired single-source metalworking provider Samtan Engineering Corporation primarily based in Malden, Mass. Samtan’s metalworking providers increase FMD’s portfolio with shearing, punching, forming, machining, fabrication and meeting capabilities.
“Our acquisition of Samtan Engineering Corporation allows Fairbanks Morse Defense to continue delivering value far beyond the cost of our services through the seamless integration of metal-stamped products and machine shop services,” mentioned FMD CEO George Whittier. “Samtan has a long track record of delivering superior customer service and high-quality products to the U.S. Navy, especially for submarine programs. Their team will be valuable to the Fairbanks Morse Defense brand.”
Since 1962, Samtan Engineering Corporation has developed into a number one single-source metalworking provider with providers reminiscent of shearing, punching, forming, machining, welding and meeting capabilities. Samtan’s parts, which might be produced as a single piece or lots of of 1000’s of items, embody steel stamping and deep drawings, marine banded cable hangers, marine tapped cable hangers, marine foremost wireway hangers, and marine pipe clamps and hangers.
“As part of the Fairbanks Morse Defense brand, Samtan can accelerate the installation of metalworking products into new U.S. Navy ship classes and other vessels,” mentioned Dana Miele, Samtan GM. Samtan’s prospects may also have entry to the excellent vary of absolutely built-in maritime protection options supplied by Fairbanks Morse Defense, in addition to a world community of extremely educated technicians, which can enhance operational availability. We’re wanting ahead to bringing these expanded capabilities to our prospects as a part of the FMD group.”
The acquisition represents an extra enlargement of FMD’s portfolio of turnkey marine options after the latest additions of producing and repair suppliers, together with American Fan, Maxim Watermakers, Federal Equipment Company (FEC), Hunt Valve Company, Ward Leonard, and Welin Lambie.