A press release said that the addition will bolster Marmon’s operation. “With our recent opening of the Hooksett, New Hampshire, 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 U.S. Navy ship builders,” said Marmon A&D President Charles Clement.
Based in York, Pennsylvania, Marine Tech is a manufacturer of electrical wire and cable that specializes in the production of circuit integrity cable for use in U.S. Navy ships. Its product lines include offering power, specialty, lightweight, low smoke, silicone, and watertight circuit integrity cabling for mission-critical shipboard applications. Its multiconductor cables are used in ships, oil drilling platforms and other industrial applications that require high performance in challenging environments. The company was co-founded in 2000 by Mark Lindsay and Kosta Kontanis, and began operations with four employees in a 30,000-sq-ft facility in York, Pennsylvania. In 2004, it moved to a larger location in York where it leases 50,000 sq. ft. of manufacturing space and has more than two dozen employees.
“We are excited to welcome Marine Tech to the Marmon family. Their 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.
“This acquisition is an exciting new chapter for Marine Tech, and we are eager to join Marmon. With our combined capabilities, we will bring a new level of value to our customer base,” said owners Mark Lindsay and Kosta Kontanis. Both men will be staying with the business and working to support continued growth.