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Curtiss-Wright Acquires Nu-Torque

Written by thomas · Filed Under Aeronautics News 

January 19, 2009

thomas

Provides Opportunity to Expand in Domestic and International Defense Markets

ROSELAND, N.J., Jan. 19 /PRNewswire-FirstCall/ — Curtiss-Wright Corporation (NYSE: CW) announced today that it has acquired substantially all of the assets of Nu-Torque, a designer and manufacturer of electric and hydraulic valve actuation and control devices primarily for U.S. Navy ships. The business will become part of Curtiss-Wright’s Flow Control segment.

“The acquisition of Nu-Torque is a significant addition to our existing portfolio of highly engineered valves, controls and actuators,” said Curtiss-Wright Chairman and CEO Martin R. Benante. “Nu-Torque also provides the opportunity to expand our presence in the U.S. Navy market, strengthens our system integration capability and enhances the expansion into international niche markets.”

Nu-Torque was founded in 1980 and acquired in 2002 by Tyco Flow Control, a unit of Tyco International Ltd. With annual sales of approximately $8 million, typical applications for the Nu-Torque products are for valve automation of shipboard fluid systems, such as fire main, ballast and various safety systems on numerous categories of Navy combatant ships. Nu-Torque is located in Redmond, WA and has 37 employees.

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