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Monday, January 5, 2009

Ducommun Acquires DynaBil Industries

Ducommun Inc., Carson, Calif., acquired DynaBil Industries, of Coxsackie, N.Y., for $46.5 million. DynaBil is a provider of titanium and aluminum structural components and assemblies for aerospace applications.

The acquisition was described as broadening the capabilities of Ducommun as a supplier of aerostructures to commercial and military customers. DynaBil was expected to have $43 million in sales in 2008.

“We intend to pursue larger, value-added assembly contracts as a result of our increased assembly capabilities and customer base,” said Joseph C. Berenato, Ducommun chairman and CEO.