Skip to main content
Updated:
Original:

Instrument manufacturer announces acquisition

Thomas G. Faria Corp., a designer and manufacturer of analog and digital engine monitoring instruments, said it acquired Beede Instruments.

Faria said Beede, established in 1917, is one of the oldest U.S. gauge manufacturers and has built a strong reputation for quality and customer service working with customers such as the Ford Motor Co. and other industrial original equipment manufacturers.

Faria said the companies are two of the few remaining vertically integrated ISO9001 U.S. manufacturers of NMEA 2000, J1939 and SmartCraft instrumentation, operating in the world’s most rugged marine, military and industrial market segments.

Faria is based in the Uncasville section of Montville, Conn., and Beede’s headquarters are in Penacook, N.H.

Faria president and CEO David Hickey said in a statement that “the combined and complementary strengths of the two organizations strengthen both companies for strategic growth while continuing to provide the unprecedented service and quality that our customers have come to expect. With Beede operations in New Hampshire and Faria in Connecticut, our two companies are conveniently located to share resources, while our combined product offerings and innovative new technologies will provide customers with a complete engine-monitoring package, including controls and telematics.”

Beede chairman and CEO Walter Pelletier said “our two companies have grown up together over the last 50 years and as I look forward to retirement I cannot think of a better future for keeping the Beede legacy alive.”

The two divisions will continue to operate under the Beede and Faria brands and logos.

Click here for the full release.

Related

Fort Lauderdale International Boat Show Opens Today

The show runs through Oct. 31, and organizers are hoping for a return to pre-Covid success.

Non-profit Takes Aim at Access

Families for Boating works with community advocacy groups to help curb regulatory threats to on-water activities.

Garmin Reports 25 Percent Q3 Growth for Marine

The electronics manufacturer says demand for plotters was the primary driver.

Polaris Reports Flat Q3

Though boat sales were up 18 percent, demand in the company’s other segments was hindered by a lack of product availability, driven by supply-chain issues.

Raymarine Unveils New Radar

The company said it is “disrupting the radar category” with Cyclone, which it will unveil at FLIBS this week.

Don’t Let Up on the Throttle

With a successful fall show season wrapping up soon, the winter schedule may be even more important to your bottom line.