Marmon Aerospace and Defense Group, part of Berkshire Hathaway, has successfully completed the acquisition of Marine Tech Wire and Cable, a manufacturer of electrical wire and cable that specializes in the production of circuit integrity cable for use in US Navy ships.
"Founded in 2000 and based in York, PA, Marine Tech Wire and Cable complements Marmon A&D Group’s product portfolio by offering power, specialty, lightweight, low smoke, silicone, and watertight circuit integrity cabling for mission-critical shipboard applications," said Marmon.
"With our recent opening of the Hooksett NH marine power cable facility and this strategic acquisition of Marine Tech, we will be able to provide our customers with increased capacity, shorter lead times, and a full offering of cables to support our military and the US Navy ship builders,” added Charles Clement, President of the Marmon A&D Group.
“[Marine Tech] expertise in the design and manufacturing of circuit integrity cable will align perfectly with our current shipboard product line and will allow us to support all major navy ship contracts,” said Robert Canny Senior Vice President of Marmon A&D Group.