Thursday, August 2

New job...of sorts

I work for Benshaw, and we were acquired this week after many months of work and negotiations. We have some new bosses, and the substance of my work will change, some for the better, some worse. Either way, there is a long transition period which has begun, and it's kind of like the calm before the storm...only not knowing what the storm is like or how long it will last! It's a good move for Benshaw. Curtiss-Wright was first founded in 1929, having roots in the work of Glenn Curtiss and the Wright Brothers. They have some really fascinating products and technology, particularly in the areas of the military and nuclear technology. The company's history is interesting.

Benshaw acquired by Curtiss-Wright

Curtiss-Wright Corp. said Wednesday it acquired Benshaw Advanced Controls & Drives for about $102 million in cash, to expand its product offerings in the commercial power, control electronics and systems markets. The business will become part of Curtiss-Wright's Flow Control segment, the company said in a statement. Benshaw is a Glenshaw-based electronic controls manufacturer.
Founded in 1983, Benshaw employs approximately 410 people. "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," Curtiss-Wright Chairman and CEO Martin R. Benante said in a statement. Curtiss-Wright also has a Pittsburgh presence, with its Curtiss-Wright Electromechanical Corp. division based in Cheswick.

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