CWST will be exhibiting at Surfex 2026 on the 9th and 10th June. Our stand number is 233. Pop along and say hello

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CWST will be exhibiting at the Engineering Solutions Live event at the British Motor Museum, Gaydon on 21^st March 2024, our stand number is 21.

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Please see the press release here regarding the Hungarian Facility Ribbon Cutting Ceremony

A Leading Global Supplier of Plasma Electrolytic Oxidation Surface Treatment Coatings

DAVIDSON, N.C.–(BUSINESS WIRE)– Curtiss-Wright Corporation (NYSE: CW) today announced that it has completed the acquisition of the stock of Keronite Group Limited (Keronite) for $35 million in cash. Keronite is a leading provider of Plasma Electrolytic Oxidation (PEO) surface treatment applications offering corrosion protection, wear resistance, thermal protection and electrical insulation for the defense, commercial aerospace and industrial vehicle markets, and also in semiconductor manufacturing.

Keronite is expected to generate sales of approximately $9 million in 2022 and is expected to be neutral to Curtiss-Wright’s adjusted diluted earnings per share in its first full year of ownership, excluding first year purchase accounting costs, and produce a strong free cash flow conversion rate of approximately 100%. The acquired business will operate within Curtiss-Wright’s Aerospace & Industrial segment.

“The acquisition of Keronite increases the breadth of our surface treatment services portfolio with unique and complementary coatings technologies recognized for their critical performance in severe service environments,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “The combination of this business with Curtiss-Wright’s long-standing customer relationships and global sales channels provides strong alignment to the strategic priorities as highlighted at our 2021 investor day and is expected to yield significant opportunities for long-term profitable growth.”

Keronite’s PEO surface treatment process utilizes a bath-based method of producing ceramic layers on light alloys such as aluminum, magnesium and titanium to enhance their inherent performance characteristics. As the surface is oxidized, it incorporates an electrolyte thereby giving the coating specialized characteristics that are tailored to the specific application. Through Keronite’s process, lightweight metals are afforded the wear and performance properties of high-weight materials such as carbide or steel in a more environmentally-friendly manner, and are well-suited to support demanding applications such as aerospace or electric vehicle programs.

Keronite, which was founded in 2000 and employs nearly 45 people, is based in Cambridge, UK, and also maintains operations in Greenwood, Indiana.

About Curtiss-Wright Corporation

Curtiss-Wright Corporation (NYSE:CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of 8,000 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships.

This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 that are based on management’s beliefs and assumptions. Such statements, including statements relating to Curtiss-Wright Corporation’s expectations for the future opportunities associated with the acquisition, the success of transferring Keronite’s technology throughout our existing world-wide network, and the success of the Company integrating Keronite into its Aerospace & Industrial segment are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company’s current SEC filings under the Securities Exchange Act of 1934, as amended, for further information.

Jim Ryan
(704) 869-4621
jim.ryan@curtisswright.com

Source: Curtiss-Wright Corporation

Curtiss-Wright Surface Technologies, Everlube® Coating Products have partnered with BioCote® to expand their fluoropolymer coating product range to create Fluregiene 200™: an antimicrobial coating that is ideally suited for many surfaces and environments.

Based on existing Everlube® coating technology, the new Fluregiene 200™ is a unique fluoropolymer coating that offers low friction, easy-clean properties combined with superb chemical and abrasion resistance. With a view to improving hygiene standards, Everlube® Coatings have integrated BioCote® antimicrobial technology to protect the coating from microbes such as bacteria, mould and fungi. Benefits of applying antimicrobial technology into the Fluregiene 200™ include:

Anti-fouling

• Low COF Surface coating (0.08 – 0.2 static)
• Corrosion resistance and excellent chemical resistance
• Excellent chip and abrasion resistance
• Reduces and prevents build-up of contaminates
• Excellent flexibility
• Dirt and debris less likely to attach to the surface

Microbial & bacteria growth inhibitor

• Using patented BioCote® antimicrobial technology against microbial growth
• Inhibits and reduces microbial growth on protected coating
• Protects treated surfaces against bad odours, staining and material degradation

Easy clean and reduced cleaning intervals

• Provides continual microbial reduction on coating
• High PTFE content allows easy wipe down and cleaning
• Provides more hygienic and cleanable surface than brushed or finished steels

Applicable to a wide range of parts and components such as door handles, elevator buttons, airport seating and gym equipment, the Fluregiene 200™ will be highly beneficial for these surfaces. BioCote® also has real-life data to support the application of this antimicrobial technology in environments such as health care, transport, education, public areas and much more.

For more information on Fluregiene 200™ and Everlube® Coating Products please contact our coatings team on:

•  Tel: (44) 1386 421444
• Email: emukenquiries@cwst.com