Espey making $5.2M upgrade in Saratoga Springs
USA, New York: Espey Manufacturing & Electronics Corporation, which manages U.S. government defense contracts, is investing $5.26 million to upgrade its plant in Saratoga Springs.
The funds will be allocated for improvements in the area of power transformer and generation technologies, reports Saratogian.
Espey is helping transform electric energy powering radar, sonar and other critical equipment for defense and commercial uses.
With this investment, the company is aiming to update power generation technology that can adapt to defense system conditions and environments.