Ridge operates out of an 87,500-square-foot facility and is constructing an 87,000-square-foot facility on an adjacent lot to support the company’s anticipated growth.
7 July 2021: HEICO Corporation recently acquired 89 percent stakes in Ridge Engineering and Bechdon Company. Ridge is a leader in performing tight-tolerance machining and brazing of large-sized parts in mission-critical defense and aerospace applications while Bechdon provides machining, fabrication, and welding services for aerospace, defense, and other industrial applications. Bechdon is a key subcontractor to Ridge for subcomponents used in Ridge’s final assemblies.
In a joint statement Laurans A. Mendelson, Chairman and Chief Executive Officer of HEICO Corporation, Chief Executive Officer of HEICO’s Flight Support Group and , HEICO’s Co-President Eric A. Mendelson said, “Over the past 31 years, we’ve visited countless aerospace manufacturing facilities, and we’ve never before seen such specialized machined and brazing capabilities under one roof that supply products critical to the aerospace industry. We welcome David, Rick, and the exceptionally skilled team at Ridge and Bechdon to the HEICO family of entrepreneur-driven companies.”
David Tracey, Ridge’s President said, “Ridge Engineering, founded in 1967 has enjoyed two generations of steady growth and a long history of fulfilling the critical requirements of our customers. We are excited to team with HEICO, which will enable us to launch to the next level requirements of our industry. HEICO is the perfect home for Ridge and Bechdon, and we’re honored to become part of the HEICO family.”
Ridge operates out of an 87,500-square-foot facility and is constructing an 87,000-square-foot facility on an adjacent lot to support the company’s anticipated growth. Bechdon currently operates out of a 42,000-square-foot facility. Ridge and Bechdon together employ 196 team members, and HEICO stated that it does not expect any material staff turnover to result from the acquisition.
