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Business/Financial

Curtiss-Wright Acquires U.K. Firm That Supports Turbine Engines

By Cal Biesecker

Monday, January 13th, 2014

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Curtiss-Wright Acquires U.K. Firm That Supports Turbine Engines

Engine component waiting for inspection. Photo: CCRS

Curtiss-Wright [CW] yesterday said it has acquired Component Coating and Repair Services Limited (CCRS), which supports aerospace and industrial turbine applications, for $25 million in cash. United Kingdom-based CCRS has about 100 employees and is expected to generate about $11 million in sales this year. The company, which will operate within Curtiss-Wright’s Commercial/Industrial segment, provides ultra-smooth and corrosion resistant coatings and precision airfoil services. “The acquisition of CCRS adds new high-technology services to our Surface Technologies business that complement those…

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