Espey Mfg. & Electronics Corp. (NYSE American: ESP) Announces Completion of Magnetics Center of Excellence Facility Expansion [Yahoo! Finance]
Espey Mfg. & Electronics Corp. (ESP)
NASDAQ:AMEX Investor Relations:
espey.com
Company Research
Source: Yahoo! Finance
American: ESP) announces that full-scale production and testing operations are now underway at its new Magnetics Center of Excellence, following the previously announced completion of construction in April 2025. According to US Navy sources, the Surface Combatant Industrial Base Development Initiative is designed to strengthen the nation's shipbuilding industrial base and support the increased production rates required to remain competitive on a global scale. The initiative prioritizes the development and sustainment of a U.S.-based workforce, modernization of infrastructure, expansion of domestic shipyard capacity, and the revitalization of domestic supply chains. As part of this effort, Espey Mfg. & Electronics Corp. was awarded a $7.4 million grant in fiscal year 2023 to construct a new facility aligned with these objectives. This facility significantly enhances Espey's state-of-the-art testing capabilities, boosts testing power, and strategically positions the company for scalab
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News
- Espey's Q1 Earnings Rise Y/Y on Margin Gains and Navy Contracts [Yahoo! Finance]Yahoo! Finance
- Espey Mfg. & Electronics Corp. reports first quarter results GlobeNewswire
- Espey Mfg. & Electronics Corp. (NYSE American: ESP) Announces Completion of Magnetics Center of Excellence Facility ExpansionGlobeNewswire
- Espey's Q4 Earnings Improve Y/Y, Reports Solid Backlog [Yahoo! Finance]Yahoo! Finance
- Espey Mfg. & Electronics Corp. reports fourth quarter and year-end resultsGlobeNewswire
ESP
Sec Filings
- 11/28/25 - Form 144
- 11/20/25 - Form 144
- 11/12/25 - Form 10-Q
- ESP's page on the SEC website