Meggitt buys Wilcoxon to strengthen electronics, Endevco sensing divisions
San Juan Capistrano, CA—Endevco reports that its parent company, Meggitt PLC, recently agreed to acquire Wilcoxon Research Inc.
San Juan Capistrano, CA— Endevco reports that its parent company, Meggitt PLC , recently agreed to acquire Wilcoxon Research Inc. It will become part of Meggitt's Electronics division, which is led by Endevco.
Meggitt manufactures products for the international aerospace, defense, and electronic sensors industries. Endevco provides mission-critical sensors for the aerospace, transportation, and medical markets. Wilcoxon supplies vibration sensors and accessories to the industrial market.
Privately held and Maryland-based, Wilcoxon has developed and manufactured sensors and wireless networks for industrial condition monitoring applications for more than 40 years. With a complementary product portfolio that includes industrial accelerometers and laboratory and test instrumentation, Wilcoxon reportedly will enhance Endevco's capabilities in sensor design and applications, uniquely positioning the company to provide a broad range of sensing alternatives.
'The acquisition of Wilcoxon is a key element in our growth strategy, bringing the latest in material and network sensing technology and an excellent reputation for high quality, service and value,' says Robert Meyer, Endevco's president. 'Endevco and Wilcoxon's combined resources, human capital and intellectual property create one of today's largest and most technologically innovative providers of sensor solutions. Customers of both companies are expected to enjoy compelling benefits as a result of this acquisition.'
Control Engineering Daily News Desk
Jim Montague, news editor
Case Study Database
Get more exposure for your case study by uploading it to the Plant Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.
These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.
Click here to visit the Case Study Database and upload your case study.
Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.