# Lexair acquires Keystone naval manufacturing assets from Emerson

Lexair is acquiring manufacturing assets and intellectual property licenses from Keystone, an Emerson brand, for U.S. Navy products. Production will move from Emerson's Pasadena, Texas facility to Lexair's Lexington plant.

- Type: Acquisition
- Announced: 2023-03-15
- Where: Lexington, Kentucky, United States
- Status: announced
- Products: U.S. Navy valves and compressors, stainless valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Emerson](https://endata.com/companies/355.md) (partner)
- [Lexair Inc.](https://endata.com/companies/10363.md) (acquirer)
- [Keystone](https://endata.com/companies/10364.md) (target)

## Sources

- [newkentuckyhome.ky.gov](https://newkentuckyhome.ky.gov/Newsroom/NewsPage/20230315_Lexair), 2023-03-15: "The expansion will allow for additional space to house manufacturing assets from Keystone, an Emerson brand, for the U.S. Navy markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.