Benshaw acquired by Curtiss-WrightCurtiss-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.