Mega Industries has been awarded an additional $357,040 in contracts from Michigan State University (MSU) for the Facility for Rare Isotope Beams. (FRIB)
Successful Completion Phase I of $2.6 Million Dollar Contract
The new contract comes as 500 meters of MEGA’s coaxial transmission lines are being installed at FRIB, completing the first phase of the initial $2.6 million dollar contract.
“During a recent visit to FRIB, we were given the opportunity to meet more of the team and witness the installation of transmission lines manufactured by MEGA. MEGA is looking forward to partnering with FRIB on the newest contract and will continue to support their efforts by sharing our knowledge and experience with their team. ” said Peter Matthews, CTO Mega Industries.
Details of the New $357,040 Contract
The most recent contract includes developing and manufacturing bellows assemblies for several of FRIB’s components including: Quarter Wave Resonator, Baseline Fundamental Mode Power Coupler, QWR 90 Degree RF Elbows with QWR Warm Transitions and a 3-Way Power Combiner.
“This latest contract further expands MEGA’s value to the FRIB project and leverages the capabilities of both our engineering and manufacturing teams” said Lisa Cummings, Mega Industries Account Manager. “The talented Engineering groups at MSU and Mega work very well together and look forward to continued successful endeavors as partners.”
The contracts awarded to Mega Industries were a result of a merit review, evaluation, and competitive bidding process, which called for Mega Engineers to provide their design input utilizing their highly sought after technical expertise
About Anania & Associates Investment Company LLC
Anania & Associates Investment Company LLC (AAI) is a Maine based and focused private equity firm that partners with management teams acquiring and building companies with a high potential for growth. Founded in 2008 the fund currently has 8 portfolio companies representing over 450 employees and $75 million in revenue. AAI is a long term, regionally focused investor focused on supporting sustainable growth for its portfolio companies which include: Biovation II LLC, Elmet Technologies LLC, Grow-Tech LLC, Lighthouse Imaging LLC, MEGA Industries LLC, mWAVE Industries LLC, Synergistic Software Solutions LLC & TrakTec LLC.