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CURTISS-WRIGHT ACQUIRES BENSHAW ADVANCED CONTROLS & DRIVES (continued)
As a leading electrical engineering and manufacturing company, Benshaw provides turnkey motor and machine control and protection solutions for OEM customers. In many applications, multiple motors are required to complete a process. Benshaw operates and protects the complete operating system with one panel. Benshaw engineers and manufactures a full range of rugged, reliable and internationally compliant products that smoothly control the amount of electrical current provided to motors. Custom panel solutions include a variety of low and medium voltage components, such as starters, drives, contactors, breakers and other related devices. Benshaw has an installed base of over 100,000 control units, with hundreds of custom systems designed.
"The addition of Benshaw to the Curtiss-Wright family of companies provides a major opportunity to expand our product offerings in the commercial power, control electronics and systems markets,” said Curtiss-Wright Chairman and CEO Martin R. Benante. “Benshaw’s expertise in electronic motor control and protection technology will support our growth in high speed motors and AP1000 pumps, as well as providing a low-cost manufacturing resource for future military applications.”
Benshaw's customers are in the industrial HVAC market as well as the energy processing market, including petrochemicals, power generation, mining and transportation. Sales in 2006 were approximately $82 million. Its reputation as the industry leader in custom control solutions and related services has resulted in a premier customer base of some of the world’s largest and most respected companies, including Trane, McQuay International, Lockheed Martin, General Motors, Exxon Mobil Corp. and Schlumberger.
Founded in 1983, Benshaw employs approximately 390 people and is headquartered in Pittsburgh, PA, with 9 locations in the U.S. and two in Canada.
About Curtiss-Wright Flow Control
Curtiss-Wright Flow Control specializes in the design and manufacture of highly engineered valves, pumps, electronics and related products for the commercial nuclear power industry, oil and gas processing facilities, and a range of critical national defense programs. CWFC's innovative, high-performance products are installed on every nuclear submarine and aircraft carrier commissioned by the U.S. Navy, and play an integral role in the safe, efficient operation of power plants and other industrial sites worldwide. Based in Falls Church, VA, the company has 2,000 employees worldwide and is the Flow Control operating segment of Curtiss-Wright Corp. (NYSE: CW) headquartered in Roseland, NJ. For more information, visit www.cwfc.com.
Alexandra Deignan
Curtiss-Wright Flow Control
(703) 289-2011
adeignan@curtisswright.com
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