Fairbanks Morse Defense Expands Production Facility in Poland

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, announced a USD$8.08 million (6.98 million euro) investment in the expansion of the Vestdavit production facility in Redzikowo, Poland in partnership with the Pomeranian Regional Development Agency (PARR). The site will serve as FMD's global Davit Manufacturing Centre of Excellence (DMCoE), providing localized support to NATO and European naval forces, while producing the systems needed to deploy and recover autonomous and crewed vessels.

To mark the announcement, FMD senior executives and employees hosted representatives of the PARR as well as local and regional officials at an August 13 groundbreaking ceremony in Redzikowo. PARR manages the Słupsk Special Economic Zone and supports regional investment projects under the Polish Investment Zone programme. FMD announced that the facility expansion will increase annual production by 80%, nearly doubling FMD’s total production capacity of davits and maritime handling equipment. The additional capacity will enhance FMD’s ability to provide NATO and European naval forces with the most advanced handling systems while maintaining the highest standards of quality and workplace safety.

In direct support of the regional economy, FMD’s DMCoE will create an expected 30% increase in workforce growth over the next three years.