Federal Equipment Company

Heritage Global Partners, New Mill Capital, Federal Equipment Company and Keith Machinery Corp have acquired a state-of-the-art pharmaceutical plant in Fenton, Missouri, formerly owned by Alkem Laboratories.

Federal Equipment Company has begun construction on a 50,000 square foot facility near Cincinnati, Ohio, expected to open in mid-2022, to increase manufacturing capacity.

Fairbanks Morse Defense acquired Federal Equipment Company, including its Military and commercial businesses, to expand product capabilities for shipyard, defense, and industrial customers. The acquisition was announced on January 5, 2022.