ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Ontic Acquires Servotek and Westcon Product Lines From Marsh Bellofram

Ontic, the aerospace industry’s leading provider of ‘Extended Life Solutions’ for Original Equipment Manufacturer (OEM) legacy and non-core products has acquired electromechanical product lines from Marsh Bellofram.

The products include Servotek TachSyn brushless DC tachometer and commutators, instrument-grade DC tachometers and rotary encoders. The products are on a variety of industrial and aerospace applications. Westcon AC/DC tachometers support diverse industries such as aviation, marine, mining, oil, and gas production.

Gareth Blackbird, Vice President and CCO of Ontic, said, “Ontic is committed to strategically assisting OEMs with the on-going support of their non-core products, allowing our partners to progress and concentrate on their strategic priorities. We are pleased to add Marsh Bellofram to the group of OEMs that we work with.”

“As Bellofram continues to move towards a more synergistic approach and expansion of our current portfolio and offering, we are fortunate to partner with Ontic, to acquire and continue with the Servotek and Westcon Product lines, both from a product set and customer base,” states Joe Colletti, Jr., President of Marsh Bellofram.

The products will be transitioned to Ontic’s Creedmoor North Carolina facility.

Ontic maintains a global focus by supporting customers and licensing partners from manufacturing and MRO facilities in Chatsworth, California; Creedmoor, North Carolina; Plainview, New York; Cheltenham, Bolton and Staverton in the United Kingdom, and Singapore.

About Ontic

With over 48 years of aerospace product manufacturing and aftermarket support experience, Ontic provides FAA, CAAS, CAAC, TCCA, DCA, EASA Part 21 and 145 OEM support, including new and serviceable spares and repairs for over 7,000 mature aircraft parts. Ontic’s portfolio of products, licensed or acquired from OEMs such as Honeywell, Collins Aerospace, Safran, Thales and GE Aviation, span all major aircraft systems in both civil and military markets. For more information, please visit www.ontic.com.

Contacts

Robert Sadler (818) 725-2100

Susan Carpenter (818) 437-0756

Recent Quotes

View More
Symbol Price Change (%)
AMZN  233.22
+4.06 (1.77%)
AAPL  278.85
+1.30 (0.47%)
AMD  217.53
+3.29 (1.54%)
BAC  53.65
+0.66 (1.25%)
GOOG  320.12
-0.16 (-0.05%)
META  647.95
+14.34 (2.26%)
MSFT  492.01
+6.51 (1.34%)
NVDA  177.00
-3.26 (-1.81%)
ORCL  201.95
-3.01 (-1.47%)
TSLA  430.17
+3.59 (0.84%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.