Belcan
{{Short description|American engineering services company}}
{{Infobox company
| name = Belcan, LLC
| logo =
| caption =
| type = Private
| genre =
| fate =
| predecessor =
| successor =
| foundation = {{Start date and age|1958}} in Cincinnati, Ohio, U.S.
| founder = Ralph G. Anderson
| location_city = Cincinnati, Ohio
| location_country = U.S.
| location =
| area_served = Worldwide
| key_people = Lance Kwasniewski (CEO)
| industry =
| products =
| production =
| services = {{hlist|Engineering| supply chain| technical recruiting| IT services}}
| revenue = {{US$|950+|link=yes}} million
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner = AE Industrial Partners (2015–2024)
| num_employees = 10,000 (2024)
| parent = Cognizant (2024–)
| divisions =
| subsid =
| homepage = {{url|belcan.com}}
| footnotes =
| intl =
}}
Belcan, LLC is a global supplier of engineering, supply chain, technical recruiting and information technology (IT) services to customers in the aerospace, defense, automotive, industrial and government sectors. Headquartered in Cincinnati, Ohio, Belcan has over 10,000 employees in 50 locations around the world.
History
Belcan Corporation was founded in 1958 by Ralph G. Anderson, an engineering graduate of the University of Kentucky. Until 1976, Belcan concentrated on providing temporary engineering services to companies such as Allison Engine Company, General Electric, Pratt & Whitney and Procter & Gamble.Massie 1995, p. 52.
In 1976 Belcan began to offer outsourced engineering services, hiring permanent engineering staff and performing engineering projects for clients in Belcan's offices. Separate divisions were formed: Engineering for outsourced engineering, and TechServices for temporary engineering services.Lane 2008, p. 47. Procter & Gamble was one of the first major customers of Belcan's in-house services.Massie 1995, p. 59. Beginning in 1976, Belcan began opening TechServices offices throughout the U.S.
In 1983, Belcan was offered a contract by Procter & Gamble to upgrade the production lines for a redesign of their Pampers disposable diapers. Belcan was responsible for the design, procurement, installation, commissioning and training of operations and maintenance personnel for production lines in 4 U.S. plants and seven overseas plants. Belcan expanded their offices and increased staff up to 400 people in order to meet the schedule. The first production line was running 7 months after the start of the project.Lane 2008, p. 31.
In 1987, Belcan formed the Specialty Equipment Engineering Division to service light bulb manufacturing for all of General Electric's worldwide manufacturing plants.Massie 1995, p. 120. SEED subsequently expanded to provide design and build of specialized manufacturing equipment for numerous clients and industries.
In 1991, Belcan and General Electric Aviation formed an alliance for Belcan to provide engineering, design and test support for GE's turbine engines. This relationship continued to grow, and in 2006 GE awarded Belcan a "Super Center" contract to provide support to GE's Aviation, Energy, Oil & Gas, Transportation and Water divisions.Lane 2008, p. 37.
The Staffing Solutions division of Belcan was founded in 1989 to address current customers' light industrial and clerical staffing needs. It had grown to over 25 offices in over 12 states before the division was spun off as Belflex and is no longer a part of Belcan.{{Citation needed|date=July 2020}}
Belcan's Engineering and TechServices divisions expanded through the late 1990s to the present with new offices and acquisitions.Lane 2008, p. 52.{{Cite press release
| title = Governor Fletcher and Belcan Announce New Engineer Design Center in Lexington
| publisher = Kentucky Cabinet for Economic Development
| date = December 7, 2004
| url = http://migration.kentucky.gov/Newsroom/thinkkentucky/Belcan+Announcement.htm
| accessdate = December 29, 2009}}
By 2009 Belcan had approximately 60 offices internationally. On July 13, 2015, AE Industrial Partners LLC announced that it had completed the acquisition of Belcan Corporation.{{Cite press release|url=https://belcancorporation.com/news/220-ae-industrial-partners-acquisition-of-belcan-is-complete |title=AE Industrial Partners' Acquisition of Belcan is Complete|publisher=Belcan|date=13 July 2015|archive-url=https://web.archive.org/web/20150716233736/https://belcancorporation.com/news/220-ae-industrial-partners-acquisition-of-belcan-is-complete |archive-date=2015-07-16 |url-status=dead }} Belcan said that it expanded with offerings in five industry segments: Engineering & Design, Manufacturing & Supply Chain, Systems & Software, Technical Recruiting and Government Services.{{Cite web|url=https://www.belcan.com|title=Global Engineering & Technical Recruiting Firm|publisher=Belcan|language=en-US|access-date=2018-08-14}}
On 10 June 2024, Cognizant announced that it was to acquire Belcan for around US$1.3 billion in cash and stock with the intention of expanding Cognizant's presence in the aerospace, defense, space, and automotive sectors. Belcan continued operating under its CEO Lance Kwasniewski as a unit of Cognizant. Cognizant, valued at $33 billion, sought to enhance its specialized service offerings amid a projected slowdown in client spending and an adjusted annual revenue forecast of $18.9 billion to $19.7 billion.{{cite news|last=Vinn |first=Milana |title=Cognizant to acquire Belcan for $1.3 billion |date=10 June 2024 |url=https://www.reuters.com/markets/deals/cognizant-acquire-belcan-13-billion-sources-say-2024-06-10/ |access-date=17 June 2024 |publisher=Reuters}} The acquisition was completed that August.{{Cite web |url=https://njbiz.com/cognizant-closes-1-3b-belcan-acquisition/ |title=Cognizant closes $1.3B Belcan acquisition |date=28 August 2024 |last=Furnas |first=Dawn |website=NJBIZ}}
Services
Belcan provides services in the following areas:
=Engineering services=
Belcan's Engineering Services division has 3,500 engineers in 25 offices providing full-service engineering support to clients in the Aviation, Energy, Heavy Equipment, Transportation, Marine, Medical and Consumer & Industrial Products industries. Capabilities include design engineering, engineering analysis (such as finite element analysis and computational fluid dynamics), design drafting, software, electronics and control systems, systems engineering, manufacturing engineering, customer service engineering and project management.
=Technical services=
Belcan's Technical Services division provides contract personnel and direct hire recruiting of technical professionals across multiple industries, as well as IT infrastructure solutions{{solution-inline|date=June 2019}} and services to government and commercial clients.
Recent acquisitions
- Tandel Systems, Inc., January 2016{{Cite news|url=https://belcan.com/belcan-acquires-tandel-systems-inc/|title=Belcan Acquires Tandel Systems, Inc. - Belcan|date=2016-01-13|work=Belcan|access-date=2018-08-14|language=en-US}}
- East Kilbride Engineering Services (EKES), February 2016{{Cite news|url=https://belcan.com/belcan-completes-acquisition-of-east-kilbride-engineering-services/|title=Belcan Completes Acquisition of East Kilbride Engineering Services - Belcan|date=2016-02-29|work=Belcan|access-date=2018-08-14|language=en-US}}
- Intercom Consulting & Federal Systems, June 2016{{Cite news|url=https://belcan.com/belcan-acquires-intercom-consulting-federal-systems-corp/|title=Belcan Acquires Intercom Consulting & Federal Systems Corp. - Belcan|date=2016-07-27|work=Belcan|access-date=2018-08-14|language=en-US}}
- The Kemtah Group Incorporated, January 2017{{Cite news|url=https://belcan.com/belcan-acquires-kemtah-group/|title=Belcan Acquires the Kemtah Group - Belcan|date=2017-01-05|work=Belcan|access-date=2018-08-14|language=en-US}}
- CDI Corporation’s Aerospace Assets, December 2017{{Cite news|url=https://belcan.com/belcan-acquires-cdis-aerospace-industrial-equipment-business-unit-certain-related-aerospace-staffing-contracts/|title=Belcan Acquires CDI's Aerospace & Industrial Equipment Business Unit and Certain Related Aerospace Staffing Contracts - Belcan|date=2017-12-12|work=Belcan|access-date=2018-08-14|language=en-US}}
- Allegiant International, June 2018{{Cite news|url=https://belcan.com/belcan-acquires-allegiant-international/|title=Belcan Acquires Allegiant International - Belcan|date=2018-06-14|work=Belcan|access-date=2018-08-14|language=en-US}}
- Omega Engineering Services, July 2018{{Cite news|url=https://belcan.com/belcan-acquires-omega-engineering-services-limited/|title=Belcan Acquires Omega Engineering Services Limited - Belcan|date=2018-08-01|work=Belcan|access-date=2018-08-14|language=en-US}}
- Sitec Design Ltd. and Sitec Recruitment Ltd., February 2019{{Cite web|url=https://belcan.com/belcan-acquires-sitec-design-ltd-sitec-recruitment-ltd/|title=Belcan Acquires Sitec Design Ltd. and Sitec Recruitment Ltd.|date=2019-02-04|website=Belcan|language=en|access-date=2019-04-23}}
- Lagoni Engineering, September 2019{{Cite web|url=https://www.belcan.com/2019/09/09/belcan-acquires-lagoni-engineering-expands-belcans-consulting-and-cyber-security-offerings-in-europe/|title=Belcan Acquires Lagoni Engineering: Expands Belcan's Consulting and Cyber Security Offerings in Europe|date=2019-09-09|website=Belcan|language=en|access-date=2020-11-18}}
- Base2 Solutions, December 2019{{Cite web|url=https://www.belcan.com/2019/12/12/belcan-acquires-base2-solutions/|title=Belcan Acquires Base2 Solutions: Brings New Tech Capabilities to Belcan's Systems and Software Engineering Group|date=2019-12-12|website=Belcan|language=en|access-date=2020-11-18}}
- Telesis Corporation, November 2020{{Cite web|url=https://www.belcan.com/2020/11/02/belcan-acquires-telesis-a-leader-in-federal-information-technology-services/|title=Belcan Acquires Telesis, a Leader in Federal Information Technology Services|date=2020-11-02|website=Belcan|language=en|access-date=2020-11-18}}
- AVISTA, Inc., November 2020{{Cite web|url=https://www.belcan.com/2020/11/18/belcan-acquires-avista/|title=Belcan Acquires AVISTA|date=2020-11-18|website=Belcan|language=en|access-date=2020-11-18}}
- VICTOR42, May 2021{{Cite web|url=https://www.belcan.com/2021/05/27/belcan-acquires-victor42-a-leader-in-special-operations-forces-support-and-it-solutions-for-the-federal-government/|title=Belcan Acquires VICTOR42, a Leader in Special Operations Forces Support and IT Solutions for the Federal Government|date=2021-05-26|website=Belcan|language=en|access-date=2021-05-30}}
- RTM Consulting, September 2022{{Cite web|url=https://www.belcan.com/2022/09/15/belcan-acquires-rtm-consulting-a-leading-provider-of-resource-and-workforce-management-solutions-to-service-businesses/|title=Belcan Acquires RTM Consulting, a Leading Provider of Resource and Workforce Management Solutions to Service Businesses|date=2022-09-15|website=Belcan|language=en|access-date=2022-09-15}}
Notes
{{Reflist }}
References
- {{cite book | first=Massie | last=Joseph | year=1995 | title=Anderson's Way | publisher=Brown & Benchmark Publishers | isbn=0-697-24156-4 | url-access=registration | url=https://archive.org/details/andersonswaystor00mass }}
- {{cite book | first=Margaret | last=Lane | year=2008 | title=Anderson's Legacy | publisher=Benjamin Press | isbn=978-0-9793431-8-6 }}