Fairbanks Morse Defense Acquires Hunt Valve Company, Inc.
Summary
This acquisition expands FMD’s capabilities and service solutions for shipyard, defense, and industrial customers – including its support for and offerings to the U.S. Nuclear Navy. “Hunt Valve has a great senior leadership team that has built a strong brand with a solid customer base, and we welcome them to the Fairbanks Morse Defense team.” With facilities located in Salem, Ohio and Montreal, Quebec, Canada, Hunt Valve is considered an expert at engineering innovative fluid power solutions for its core defense and industrial customers. “Opportunities to serve the defense industries are increasing with the need to support aging vessels, and that outlook remains strong with the rapid addition of new platforms to various fleets,” said Charles Ferrer, Hunt Valve CEO. FMD also acquired diesel engine repair and rebuilding service provider BRECO International in November 2020. OEM parts, expert services, and innovative solutions that improve performance and extend component lifecycles are provided to marine, nuclear, commercial, and export customers.