BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired single-source metalworking supplier Samtan Engineering Corporation based in Malden, Massachusetts. Samtan’s metalworking services expand FMD’s portfolio with shearing, punching, forming, machining, fabrication and assembly 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,” said 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 a valuable addition to the Fairbanks Morse Defense brand.”
Since 1962, Samtan Engineering Corporation has evolved into a leading single-source metalworking supplier with services such as shearing, punching, forming, machining, welding, and assembly capabilities. Samtan’s components, which can be produced as a single piece or hundreds of thousands of pieces, include metal stamping and deep drawings, marine banded cable hangers, marine tapped cable hangers, marine main 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,” said Dana Miele, Samtan GM. Samtan’s customers will also have access to the comprehensive range of fully integrated maritime defense solutions offered by Fairbanks Morse Defense, as well as a global network of highly trained technicians, which will increase operational availability. We’re looking forward to bringing these expanded capabilities to our customers as part of the FMD team.”
The acquisition represents a further expansion of FMD’s portfolio of turnkey marine solutions after the recent additions of manufacturing and service providers, including American Fan, Maxim Watermakers, Federal Equipment Company (FEC), Hunt Valve Company, Ward Leonard, and Welin Lambie. These increased capabilities support FMD’s ongoing mission to build, maintain, and service the most trusted naval power and propulsion systems on the planet.
About Fairbanks Morse Defense (FMD)
Fairbanks Morse Defense (FMD) builds, maintains, and services the most trusted naval power and propulsion systems on the planet. For more than 100 years, FMD has been a principal supplier of a growing array of leading marine technologies, OEM parts, and turnkey services to the U.S. Navy, U.S. Coast Guard, Military Sealift Command, and Canadian Coast Guard. FMD stands ready to rapidly support the systems that power military fleets without compromising safety or quality. In times of peace and war, the experienced engineers, sailors, and technicians of FMD demonstrate our commitment to supporting the mission and vision of critical global naval operations wherever and whenever needed. FMD is a portfolio company of Arcline Investment Management.
About Samtan Engineering Corporation
Established in 1962, Samtan Engineering is recognized as one of the leaders in metal stamping and the production of engineered components for marine electrical hardware, including cable hangers, wireway hangers, and clamps. Samtan is a supplier to the U.S. Navy submarines, surface combatants, and auxiliary ships, as well as U.S Coast Guard vessels, along with some aerospace and commercial customers.
To learn more, visit www.FairbanksMorseDefense.com.
