Ferra Aerospace, an Australian-based advanced machining and complex assembly company, has acquired Rogers manufacturer C&M Machine Holding Inc.
Financial terms of the deal were not disclosed.
The facility at 207 Buttry Road, just off of Arkansas Highway 94, will have 26 employees with a 24,000-square-foot manufacturing floor and nine high-speed machines. Ferra also operates a facility in Grove, Okla. It is undergoing an expansion to double its manufacturing floor to 100,000 square feet.
“We’re very pleased to announce the opening of our new location in Rogers,” Jerry Cook, president of Ferra Aerospace USA, said in a statement. “This new facility allows Ferra Aerospace to expand our capacity in the region and provide additional advanced machining capabilities for our aerospace customers.
“We have been greatly impressed by the caliber of the Arkansas advanced machining workforce and are delighted to bring them into the Ferra family.”
Ferra’s Arkansas facility will provide services to many companies including Northrop Grumman, Boeing, and Lockheed Martin. Cleve Jernigan, previously vice president of operations for C&M, will serve as the facility’s site director. Jernigan’s wife, Mary Jernigan, was president of C&M. It was founded as Warren Machine in California more than 40 years ago and relocated to Rogers in 1993. The Jernigans bought the business in November 2005.