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Transcat acquires Virginia lab (access required)

Continuing its growth through acquisition strategy, Transcat Inc. on Tuesday announced it had purchased a Virginia-based in-house and on-site equipment calibrator for $4.7 million. Founded in 2000, Angel’s Instrumentation Inc. provides calibrations nationally to the manufacturing and maritime industries from its Chesapeake, Va., calibration laboratory. With roughly $4 million in annual revenue, AI’s service offerings include ...

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Transcat income soars in second quarter (access required)

Transcat Inc. in its second quarter nearly doubled its net income, the company’s quarterly earnings, posted Tuesday, show. For the ...