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wellmandynamics.com

Founded Year

1910

Stage

Acq - Fin | Alive

About Wellman Dynamics

Wellman Dynamics, formerly part of Fansteel, is an AS9100 certified CNC machine shop that designs and produces large precision parts and assemblies primarily for the aerospace and defense markets, including hydraulic accumulator and actuator assemblies. The company was founded in 1910 and is based in Creston, Iowa.

Wellman Dynamics Headquarters Location

1746 Commerce Road

Creston, Iowa, 50801,

United States

641-782-8521

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Expert Collections containing Wellman Dynamics

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Wellman Dynamics is included in 1 Expert Collection, including Advanced Manufacturing.

A

Advanced Manufacturing

3,702 items

Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.

Latest Wellman Dynamics News

Defense Supplier Settles Over Fake Test Claims

Aug 12, 2022

Aug 12, 2022 Wellman Dynamics has agreed to pay $500,000 to resolve allegations that the company violated the False Claims Act by failing to conduct required testing and falsifying test results for parts used in military aircraft. The Creston, Iowa-based company makes large metal castings that are sold to prime defense contractors such as Bell Helicopter, Textron, Sikorsky Aircraft and Boeing. The parts are used on everything from the AH-64 Apache and V22 Osprey to the UH-60 Black Hawk. From 2014 and 2021, the DOJ says Wellman failed to conduct required metallurgic and other tests on the castings, including tensile strength testing, destructive testing, microstructure analysis, hot isostatic testing and salt fog testing. The company then falsely certified results of tests that had not been performed. The problem was brought to light by whistleblower, and Wellman employee, Bradley Keller. As part of the settlement, Keller will receive $90,000. The settlement amount was based on an analysis of the company's ability to pay. As a result of the settlement, the claims made by the DOJ remain allegations with no determination of liability. Latest in Video

  • When was Wellman Dynamics founded?

    Wellman Dynamics was founded in 1910.

  • Where is Wellman Dynamics's headquarters?

    Wellman Dynamics's headquarters is located at 1746 Commerce Road, Creston.

  • What is Wellman Dynamics's latest funding round?

    Wellman Dynamics's latest funding round is Acq - Fin.

  • Who are the investors of Wellman Dynamics?

    Investors of Wellman Dynamics include TRM Equity and Trive Capital.

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