22 December 2017
Portsmouth, VA, 22 December 2017 – Fairlead Integrated is pleased to announce that as of 1 January 2018, its two divisions Fairlead Integrated Power & Controls (FIPC) and Fairlead Precision Manufacturing & Integration (FPMI) will be merging to one company simply called Fairlead, a division of Fairlead Integrated.
The organization changes are aligned to Fairlead’s principles of playing offense in everything we do, ensuring employee and customer success, and acting as Fairlead, Integrated. Along with the nearly $10 million in capital improvements occurring over the next year, “our continued investment in Fairlead’s employees, facilities, and capabilities will allow us to further enhance our ability to provide exceptional products and services to our customers,” said Fred Pasquine, President of Fairlead Integrated.
As departments within the divisions merge, several leadership changes will also take place:
“We are excited and confident about the direction of our company, and believe we will continue to make positive changes that best position us to help get the naval warfighter home,” said Pasquine.
About Fairlead Integrated
Fairlead Integrated builds integrated electrical and control systems, large-scale mechanical fabrications and structures, precision machined metal components/subsystems and advanced mobile containerized products. Today, Fairlead’s products are part of mission-critical systems in the U.S. Navy’s Nimitz and Ford-class aircraft carriers, Virginia-class submarines, the Littoral Combat Ship and many classes of support and auxiliary ships of the Military Sealift Command, the Maritime Administration and the U.S. Coast Guard. Additionally, Fairlead provides repair and maintenance services to small boats and craft through its Fairlead Boatworks division in Newport News, VA. Fairlead Integrated is headquartered in Portsmouth, VA with facilities in Portsmouth, Chesapeake, Virginia Beach, and Newport News.
For more information, please contact:
Director of Human Resources