Crawford United announced the purchase of Heany Industries effective January 2, 2024. Founded in 1932, Heany Industries is located in Scottsville, New York. Heany Industries offers materials engineering solutions for a variety of aerospace, industrial and bio-medical applications. The company’s engineered coatings provide a protective shield for aircraft engine components, locomotive parts, dental implants, and other applications where increasing longevity and reducing downtime is critical. The acquisition is expected to add approximately $7 million in annualized revenue to Crawford United and be immediately accretive to earnings.
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