Lone Star Fasteners, Houston, TX, has acquired LWD Precision Engineering Co. Ltd., a manufacturer of precision engineered components for the global oil and gas industry, for $6 million. LWD, based in Leeds, UK, manufactures precision machined components for valves, actuators and other related critical applications.
  ;
“The purchase of LWD is our latest step in the strategic expansion of Lone Star’s product and geographic market coverage, said Lone Star CEO Bruce Ross.
  ;
The acquisition of LWD follows Lone Star’s June 2006 acquisition of Leeds-based Grange Gaskets, a provider of standard and specialty gaskets, and related machined parts.  ; Tony Sitek, managing director of Lone Star’s Grange subsidiary, will assume overall management …
