02.08.2013

Curtiss-Wright completes acquisitions

Control component and systems manufacturer Curtis-Wright Controls Industrial has completed the acquisition of PG Drives Technology and its merger with Williams Controls to complement its existing Penny + Giles brand.

Established in 1976, PG Drives Technology – formerly Penny & Giles Drives Technology – manufactures controllers and drives used in a wide variety of electric powered industrial and medical vehicles including material handling vehicles, floor-cleaning machines, powered wheel chairs and mobility scooters.
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Port, Oregon based Williams Controls, established in 1937, is an electronic sensors and throttle controls manufacturer for off-highway equipment, heavy trucks, military vehicles and material handling applications.
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Keven Rayment, senior vice president of Curtiss-Wright, said: “The acquisition and merger significantly strengthens and expands Curtiss-Wright's existing industrial controls business, providing growth in new markets and a strong presence in the on- and off-highway sectors and rapidly growing electric vehicle market.

“PG Drives Technology complements our expertise, experience and long-standing customer relationships while the acquisition enhances the group’s market diversification with further penetration into existing industrial and medical markets. It also simultaneously increases our presence and product offerings in the specialty vehicle market.”

With its headquarters in Christchurch, UK, Curtis-Wright Controls Industrial has design, manufacturing, sales and support facilities in the US, UK, Germany, China, Taiwan and Indian. The company says products from all three brands will be showcased for the first time at the Beijing International Construction Equipment show in China later this year.