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HANOVER, MD-Security technology experts CompuDyne Corp. has acquired another factory and its equipment for $3 million. The 75,000-sf facility is located in Montgomery, AL and is expected to increase the Company’s Bullet, Blast and Protection Division annual earnings by 40%. The company has not yet released details on the building’s location.

“In the wake of the Sept. 11 events, we have been receiving an enormous amount of interest in the products of our Bullet, Blast and Attack Protection Division,” CompuDyne Chairman and CEO Martin Roenigk explains in a statement. “This new facility will give us the capacity to handle the business we realistically expect going forward.” CompuDyne recently announced new order activity in the amount of $5.4 million.

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