Curtiss-Wright Completes Acquisition of BASF's Surface Technologies Business
Leading Provider of Thermal Spray Coatings for Turbine Engines
PARSIPPANY, N.J., April 11, 2011 -- Curtiss-Wright Corporation (NYSE:CW) today announced that it has completed its purchase of the assets of BASF's Surface Technologies business from BASF Corporation. The Surface Technologies business is a leading supplier of thermal spray coatings for aerospace and power generation markets, and it will become part of Curtiss-Wright's Metal Treatment segment.
BASF's Surface Technologies business generated sales of approximately
$29 million in 2010 and has approximately 150 employees at its three operating facilities located in East Windsor, CT, Wilmington, MA and Duncan, SC. All three facilities are ISO 9001 certified and Nadcap accredited for thermal spray coating of aerospace components.
About Curtiss-Wright
Curtiss-Wright Corporation is a diversified company headquartered in Parsippany, NJ. The company designs and manufactures products for motion control and flow control applications, and provides a variety of specialized metal treatment services. The firm employs approximately 7,600 people worldwide. For more information, visit www.curtisswright.com.
About Curtiss-Wright Metal Treatment
Headquartered in Paramus, NJ, Curtiss-Wright's Metal Treatment segment provides precision metal treatment services, including shot peening, shot peen forming, laser peening, heat treating and specialty coatings.
Its customer base includes the commercial aerospace, automotive, power generation and processing industries. The company operates 68 metal treatment facilities in North America, Europe and Asia. For more information, visit www.metalimprovement.com.
CONTACT: Jim Ryan
(973) 541-3766
