News

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PRESS RELEASE

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June 13, 2018

BEI Precision Systems & Space Company to be featured on Manufacturing Marvels®.

Manufacturing Marvels® featuring BEI Precision Systems & Space Company, Inc. (BEI PSSC) will air on The Fox Business Network between 8:30pm -8:45 p.m. CST on June 13, 2018 and again between 9:30pm-9:45 p.m. CST on June 14, 2018. Subject to Fox Programming.

Manufacturing Marvels® is produced by award winning producers Bob and Jerry May and directed by award winning director Bryan McCullough. The 2 minute pods spotlight North American manufacturers, their products, as well as the companies’ processes. Manufacturing Marvels® is narrated by nationally acclaimed voice talent John Criswell. John has a news style narration, after all he was a CBS and ABC news anchor for over 40 years.

The production was filmed on location at BEI PSSC’s manufacturing facility in Maumelle, Arkansas and highlights the BEI PSSC’s long standing heritage, and unique products that support mission critical defense and space applications.

About BEI Precision Systems & Space Company –

BEI Precision Systems & Space Company, Inc. (BEI PSSC) designs and manufactures highly accurate optical encoders, flight worthy accelerometers, infrared optical scanners and encoder-based motion control systems for military, space, aviation, and range instrumentation markets. Headquartered in Maumelle, Arkansas, BEI PSSC leverages more than 60 years of industry-leading experience to offer a broad range of sensing solutions that can be configured to demanding customer specifications for high accuracy, resolution, environmental durability, and high reliability.

A copy of the two minute episode will be available to view on the BEI PSSC website after the airing on The Fox Business Network.

02 May 2017

J.F. Lehman & Company Acquires BEI Precision Systems & Space Company

NEW YORK – J.F. Lehman & Company (“J.F. Lehman”), a leading middle-market private equity firm focused on the defense, aerospace and maritime sectors, is pleased to announce that an investment affiliate has acquired PSSC Holding Co and its wholly owned subsidiary, BEI Precision Systems & Space Company, Inc. (collectively, “BEI PSSC” or the “Company”).
BEI PSSC is a leader in high-accuracy positioning sensor technologies, providing advanced design, manufacturing and testing for reliable and resilient products and systems. The Company’s core product lines, which are used primarily in mission-critical defense and space applications, include optical encoder-based positioning systems, scanners for situational awareness requirements and precision accelerometers. BEI PSSC is headquartered in Maumelle, Arkansas, and has a longstanding track record of technological innovation, with corporate roots dating back to 1862.
“BEI PSSC has an exceptional reputation for providing unique and highly accurate sensors to prime contractors and system providers in the defense and aerospace markets,” said Steve Brooks, Partner at J.F. Lehman. “The Company has a longstanding history supporting many important programs. We look forward to partnering with management to support the continued growth and future success of the business through organic development and complimentary bolt-on acquisitions.”
Jones Day provided legal counsel to J.F. Lehman. Miller & Chevalier advised in the area of government contracting and import / export and defense security compliance. Debt financing for the transaction was arranged by BNP Paribas and Barings. Evercore Partners provided financial advisory services to J.F. Lehman in connection with the acquisition and KippsDeSanto & Co. advised BEI PSSC.