2008

Precision Castparts Corp., Portland, OR, has agreed to acquire Fatigue Technology, Inc., Seattle, WA.
 
FTI manufactures split sleeves, bushings, rivetless nut plates, blind nuts and fittings.
 
The acquisition of FTI continues our efforts to grow and enhance our critical aerospace fastener product offering,”said Mark Donegan, CEO of Precision Castparts Corp. “The company fits squarely with all our core competency targets, and its sales are nearly 100% to the aerospace market. … We will look to leverage their expertise and knowledge base across our other fastener businesses.” 
 
FTI’s results will be reported as part of the Fastener Products segment. 
 
Precision Castparts Corp. is a diversified manufacturer of complex …

United Rentals, Inc., Greenwich, CT, has acquired Portland U-Rent-It, Inc., a privately held industrial-oriented rental company, with sales of $11 million, Corpus Christi, TX.
 
Michael Kneeland, CEO of United Rentals, said: The acquisition of U-RENT-IT is consistent with our strategic focus on the industrial marketplace. We are actively pursuing growth in industrial rentals, where our depth of resources and branch footprint can give us a competitive advantage. Moreover, industrial rentals are subject to different cyclical pressures than the construction market, where we are seeing demand continue to soften as spending is curtailed.”
 
U-Rent-It has benefited from rapid growth in the past year stemming from increased demand from energy-related customers, such as …

Industrial distributor Lewis-Goetz and Company, Inc., Pittsburgh, PA, has acquired the Rubber Belting and Hose group of companies, including RBH/Mill &Elevator Supply, Inc and RBH/Industrial, Inc. a provider of industrial supplies to the agricultural and industrial markets of the Midwest. 
 
This acquisition provides Lewis-Goetz access to growing agricultural markets in Kansas, Nebraska and Iowa, as well as product line expansion.”said Jeff Crane, CEO and president of Lewis-Goetz. “RBH’s track record of organic and acquisition growth, combined with its reputation for service excellence, provides Lewis-Goetz an attractive platform for additional expansion in North American agricultural markets.”
 
The management team at RBH will remain intact. …