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 …
Precision Castparts Agrees to Buy Fatigue Technology Inc.
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 …
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- Filed In: Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors
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