Espey begins operations at expanded magnetics facility
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Espey Mfg. & Electronics Corp. (NYSE American: ESP) Announces Completion of Magnetics Center of Excellence Facility Expansion
October 22, 2025 4:15 PM EDTSARATOGA SPRINGS, N.Y., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces that full-scale production and testing operations are now underway at its new Magnetics Center of Excellence, following the previously announced completion of construction in April 2025.
According to US Navy sources, the Surface Combatant Industrial Base Development Initiative is designed to strengthen the nations shipbuilding industrial base and support the increased production rates required to remain competitive on a global scale. The initiative prioritizes the development and... More
