L3Harris, Aerojet Rocketdyne deal approved

PHOTOS COURTESY OF THEIR
RESPECTIVE COMPANIES

The U.S. Federal Trade Commission (FTC) allowed aerospace and defense company L3Harris Technologies to complete its acquisition of Aerojet Rocketdyne. Some members of the U.S. Congress argued the deal could impact operations at Lockheed Martin, Raytheon, and Boeing, which depend on products only Aerojet provides, in propulsion systems, missile, and hypersonics technologies.

Ross Niebergall will serve as president of the segment, now known as Aerojet Rocketdyne, an L3Harris Technologies company.

In December 2022, L3Harris agreed to purchase Aerojet Rocketdyne for $4.7 billion, after Lockheed Martin withdrew its offer to acquire Aerojet when the FTC sued to block the move as anti-competitive. https://www.l3harris.com; https://www.l3harris.com/company/aerojet-rocketdyne

Mastercam acquires post processor developer, Postability

Sandvik acquired Canadian NC post processor company, Postability, to be part of its Mastercam CAM software line. With the addition of Postability, Mastercam users can acquire a broader range of post processing technology with support globally through Mastercam’s Reseller channel. https://www.mastercam.com

Star SU exclusive N. America rep for Louis Bélet

The marketing, sales, and service affiliate of Star Cutter Co., Star SU, Farmington Hills, Michigan, now exclusively represents Louis Bélet SA (Switzerland) precision cutting tools in N. America, enhancing the partnership established in 2022.

Louis Bélet offers high-precision drills, end mills, thread and gear cutting tools including hobs or skiving tools, enhancing Star SU’s solutions for the aerospace, medical, and general machining markets. https://www.louisbelet.ch; https://www.star-su.com

Appointments

Methods Machine Tools Inc. appointed Richard (Rick) Alton as CEO. He’ll assume responsibility for all operating functions across the company’s nine direct offices in the U.S. and its national distribution network. https://www.methodsmachine.com

Ceratizit added John (Buddy) Cagle to its South Carolina-based sales team and Trent Larsen to its North Central U.S. team, both as technical sales engineers. Cagle has more than 20 years of manufacturing engineering and sales experience. Larsen, based in Wisconsin, brings 27 years of industry experience in machining and programming. https://www.ceratizit.com

Workholding products firm TE-CO Manufacturing, Union, Ohio, hired Christopher (Chris) Cornelius as vice president of operations to oversee engineering, manufacturing, and facility operations teams. Most recently, he was senior manager of operations for Enjet Aero. https://www.te-co.com

Edmund Boland is the new GM of ANCA CNC Machines. Edmund, the son of ANCA co-founder Pat Boland, previously led ANCA’s European Branch. https://machines.anca.com

Magnetics technology company Bunting hired Brody Tucker as application engineer at the Bunting-DuBois, Pennsylvania facility. Tucker’s magnetic solutions can be found in diverse applications ranging from the Orion crew module to lifesaving medical devices. https://bunting-dubois.com

Rick Crema joined EMAG LLC USA as regional sales manager for Ohio, Kentucky, and W. Virginia. Growing up in a family business of industrial capital equipment sales, Crema has a lifetime of experience in the metalworking industry. https://www.emag.com