BELOIT—Fairbanks Morse has changed its name to Fairbanks Morse Defense (FMD), which will serve as the umbrella company for its different divisions.
The move reflects the company’s emphasis on service to its military and commercial maritime customers while also enhancing its ability to quickly respond to its current customer base with a broader range of aftermarket service solutions, a news release from the company stated.
The rebranding change will not result in any workforce reduction at the Beloit manufacturing facility and the Beloit facility will continue to manufacture engines for military naval vessels and other products, company officials said.
The Fairbanks facility in Beloit employs 440 people.
“Fairbanks Morse Defense is more than a name; it is our organizing principle. It serves as the…