Cryomech moves forward under Bluefors ownership with local jobs to fill

A company headquartered in Helsinki, Finland has completed its acquisition of Cryomech in DeWitt. The local firm had announced Bluefors’ acquisition plans on Feb. 28. Cryomech, moving forward under Bluefors ownership, is a cryocooler technology and manufacturing company based at 6682 Moore Road in DeWitt. (PHOTO CREDIT: CRYOMECH)

DeWITT, N.Y. — As Cryomech begins operations under a new owner, the local firm’s president tells CNYBJ it has job openings to fill and they’re listed at the Cryomech website. The positions include assembly technician, CNC machine operator, machine operator, final quality control technician, maintenance technician, manufacturing process engineer, and others. The operation at 6682 […]

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

DeWITT, N.Y. — As Cryomech begins operations under a new owner, the local firm’s president tells CNYBJ it has job openings to fill and they’re listed at the Cryomech website.

The positions include assembly technician, CNC machine operator, machine operator, final quality control technician, maintenance technician, manufacturing process engineer, and others.

The operation at 6682 Moore Road in DeWitt is now known as Bluefors Cryocooler Technologies Inc., per the March 28 announcement that Bluefors had completed its acquisition of the company.

With the acquisition complete, the combined company moves forward as Bluefors, the firms previously said. Bluefors is a Helsinki, Finland–based manufacturer of cryogenic-measurement systems. The former Cryomech is a cryocooler-technology and manufacturing company.

The transaction was approved by the shareholders of Cryomech’s employee stock-ownership plan (ESOP) and the Committee for Foreign Investment in the United States (CFIUS).

“Joining forces with our new team in Syracuse is a major milestone for Bluefors,” Rob Blaauwgeers, CEO and founder of Bluefors, said in a release. “Adding 60 years of history and expertise in cryogenics to our 15-year journey and now having a comprehensive portfolio of cryogenic products that get us from room temperature to the coldest temperatures on the planet, will strengthen our position to continue to meet and exceed our customers’ expectations in the future as well.”

Following the closing of the acquisition, Bluefors now has nearly 600 employees, with operations in Finland, Germany, the Netherlands, and the U.S. 

Through the acquisition, Bluefors significantly increases its direct presence in the U.S. with about one-third of its employees based in New York. Consequently, Bluefors becomes an important part of the U.S.–based supply chain for cryogenic products used in quantum technology, fundamental physics research and in other select industries, while also strengthening the presence for the Cryomech portfolio in Europe. 

“We’re glad to be part of the Bluefors team,” Rich Dausman, president of Bluefors Cryocooler Technologies and previously president of Cryomech, said in the release. “This is a great home for our team and together we will continue to take care of all our co-workers and customers around the world while growing together in the rapidly developing ultra-low temperature cryogenics market.”

Dausman continues to lead the team and operations based in DeWitt, which remains the home for the existing Cryomech products and services portfolio.

Eric Reinhardt: